PREFTX - CoreShares Preftrax ETF
The CoreShares Preftrax ETF tracks the performance of the FTSE/JSE Preference Share Index and is part of the manager's equity income range. It is useful within a diversified income strategy, particularly for high marginal tax payers as it pays a dividend and not income. The primary benefit to investors is that preference shares pay a tax efficient dividend yield. Additionally, the dividend is generally higher than general equity. Dividends are contractual and calculated as a percentage of the prime lending rate.
CoreShares Preftrax ETF is listed on the Johannesburg Stock Exchange (JSE). CoreShares Preftrax ETF is traded on the JSE under the ticker symbol “PREFTX”. CoreShares Preftrax ETF is currently the 308th most valuable stock on the JSE with a market capitalization of ZAR 420 million, which is about 0.0022% of the Johannesburg Stock Exchange equity market.
|Last Trading Results|
|Day’s Low Price||10.26|
|Day’s High Price||10.48|
|Number of Deals||8|
|Growth & Valuation|
|Earnings Per Share|
|Dividend Per Share|
PREFTX Stock Market Performance
The current share price of CoreShares Preftrax ETF (PREFTX) is ZAR 10.35. PREFTX closed its last trading day (Friday, June 24, 2022) at 10.35 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.3% drop from its previous closing price of 10.38 ZAR. CoreShares Preftrax ETF began the year with a share price of 9.84 ZAR and has since gained 5.18% on that price valuation, ranking it 84th on the JSE in terms of year-to-date performance.
CoreShares Preftrax ETF is the 233rd most traded stock on the Johannesburg Stock Exchange over the past three months (Mar 23 - Jun 24, 2022). PREFTX has traded a total volume of 3.5 million shares—in 754 deals—valued at ZAR 36.7 million over the period, with an average of 55,515 traded shares per session. A volume high of 508,604 was achieved on May 9th, and a low of 333 on March 30th, for the same period. The table below details the last 10 trading days of activity of CoreShares Preftrax ETF on the Johannesburg Stock Exchange.
Profile of CoreShares Asset Management (Pty) Limited
CoreShares Asset Management (Pty) Limited operates in the Financials sector, specifically, the Investment Services industry.
Factsheet of CoreShares Asset Management (Pty) Limited
- Investment Services
- 4th Floor, Grindrod Tower, 8a Protea Place, Sandown, Sandton 2194, South Africa
- +27-11-459-1811, +27-21-702-8367, +27-21-702-8367
PREFTX Industrial Market Competitors
CoreShares Asset Management (Pty) Limited, issuers of the PREFTX, CoreShares SciBeta Multi-Factor ETF (-4.43%), CoreShares Divtrax ETF (-5.01%), CoreShares Top50 ETF (-8.02%), CoreShares SA Property Income (-11.69%), CoreShares GlobalDivTrax ETF (-15.29%), CoreShares S&P 500 (-18.44%), CoreShares Total World Stock ETF (-19.37%) and CoreShares S&P Global Property ETF (-19.77%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
|SBP||Sabvest Capital Limited||2.79B||70.49||+15.6%|
|SYGCN||Sygnia Itrix New China Sectors ETF||203M||32.41||+15.3%|
|RACP||RECM and Calibre Limited||642M||12.55||+14.1%|
|EPE||EPE Capital Partners Ltd||1.65B||5.75||+13.6%|
|BRT||Brimstone Inv Corp Ltd||1.86B||7.04||+11.8%|
|RHB||RH Bophelo Limited||356M||5.50||+10%|
|STXFIN||Satrix FINI Portfolio||1.02B||15.91||+6.35%|
|STXILB||Satrix ILBI Portfolio||459M||7.28||+4.75%|
|NFILBI||NEWFUNDS ILBI ETF||117M||83.46||+3.48%|
|STXHLT||Satrix Healthcare Innovation ETF||15.8M||57.10||+3.29%|