African Stock Exchanges

PREFTX - CoreShares Preftrax ETF

Twitter · Facebook
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.

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.

PREFTX10.35 ▾ 0.03 (0.29%)
3 days ago
Last Trading Results
Opening Price
Day’s Low Price10.26
Day’s High Price10.48
Traded Volume28,398
Number of Deals8
Gross Turnover294,193.84
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding40.6M
Market Capitalization420M
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

PREFTX Stock Market Performance

1WK4WK3MO
-1.52%-4.96%
6MO1YRYTD
+5.29%+36%+5.18%

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.

DateVolumeCloseChangeChange%
2022-06-2428,39810.35-0.03-0.29%
2022-06-2334,54510.38+0.10+0.97%
2022-06-2213,48210.28-0.05-0.48%
2022-06-2111,07110.33
2022-06-2010,49110.33-0.02-0.19%
2022-06-1720,36810.35-0.02-0.19%
2022-06-1527,64010.37+0.08+0.78%
2022-06-141,47410.29-0.11-1.06%
2022-06-1318,70710.40-0.08-0.76%
2022-06-1014,60010.48

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

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.


Index of African Stock Exchanges:

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

Post a comment

    NOTE: You are replying to 's comment. [Cancel]