African Stock Exchanges

PREFTX - CoreShares Preftrax ETF

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PREFTX share price on Johannesburg Stock ExchangePREFTX share price on Johannesburg Stock Exchange

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.

PREFTX7.55 ▴ 0.03 (0.4%)
Yesterday
Last Trading Results
Opening Price
Day’s Low Price7.50
Day’s High Price7.58
Traded Volume19,934
Number of Deals8
Gross Turnover150,854.74
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding43.5M
Market Capitalization328M
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

PREFTX Stock Market Performance

1WK4WK3MO
+0.67%-0.66%-6.33%
6MO1YRYTD
+2.3%+6.94%+2.17%

The current share price of CoreShares Preftrax ETF (PREFTX) is ZAR 7.55. PREFTX closed its last trading day (Friday, July 30, 2021) at 7.55 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.4% gain over its previous closing price of 7.52 ZAR. CoreShares Preftrax ETF began the year with a share price of 7.39 ZAR and has since gained 2.17% on that price valuation, ranking it 284th on the JSE in terms of year-to-date performance.

CoreShares Preftrax ETF is the 240th most traded stock on the Johannesburg Stock Exchange over the past three months (May 4 - Jul 30, 2021). PREFTX has traded a total volume of 4.45 million shares—in 710 deals—valued at ZAR 35.1 million over the period, with an average of 70,559 traded shares per session. A volume high of 705,885 was achieved on May 17th, and a low of 1,576 on July 7th, for the same period. The table below details the last 10 trading days of activity of CoreShares Preftrax ETF on the Johannesburg Stock Exchange.

DateVolumeCloseChangeChange%
2021-07-3019,9347.55+0.03+0.40%
2021-07-2911,5667.52+0.01+0.13%
2021-07-2820,2927.51+0.01+0.13%
2021-07-2735,1037.50-0.01-0.13%
2021-07-2625,1937.51+0.01+0.13%
2021-07-238,7047.50+0.02+0.27%
2021-07-2268,0187.48-0.04-0.53%
2021-07-2116,6207.52+0.08+1.08%
2021-07-2037,4147.44+0.01+0.13%
2021-07-1937,5717.43

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
Sector:
Financials
Industry:
Investment Services
Address:
4th Floor, Grindrod Tower, 8a Protea Place, Sandown, Sandton 2194, South Africa
Telephone:
+27-11-459-1811, +27-21-702-8367, +27-21-702-8367
Email:
info@coreshares.co.za
Website:
coreshares.co.za

PREFTX Industrial Market Competitors

CoreShares Asset Management (Pty) Limited, issuers of the PREFTX, CoreShares S&P Global Property ETF (+19.99%), CoreShares S&P 500 (+16.8%), CoreShares Top50 ETF (+16.74%), CoreShares SA Property Income (+16.51%), CoreShares GlobalDivTrax ETF (+12.54%), CoreShares SciBeta Multi-Factor ETF (+10.44%), CoreShares Total World Stock ETF (+6.08%) and CoreShares Divtrax ETF (+6.03%) 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.

CodeNameM. Cap.CloseYTD
ARAAstoria Investments Ltd244M4.29+78.8%
MTNZFMTN Zakhele Futhi1.95B15.84+63.8%
SBPSabvest Capital Limited1.95B47.45+59.5%
YYLBEEYeboYethu (RF) Ltd2.33B44.00+25.7%
NFEVALNF Equity Value ETF181M10.32+23.7%
STXRESSatrix RESI ETF Portfolio1.02B72.25+23.3%
STXRAFSatrix RAFI 40 Portfolio1.02B17.54+22.7%
ETFGRE1nvest Global REIT ETF131M21.31+22.1%
NFSH40NEWFUNDS SHARIA TOP4065.9M4.23+21.2%
HULHulisani Limited150M3.00+20%

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Stock Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

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