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.
| Last Trading Results | Growth & Valuation | ||
|---|---|---|---|
| Opening Price: | -- | Earnings Per Share: | -- |
| Day's Low Price: | 7.61 | Price/Earning Ratio: | -- |
| Day's High Price: | 7.69 | Dividend Per Share: | -- |
| Traded Volume: | 13,768 | Dividend Yield: | -- |
| Number of Deals: | 4 | Shares Outstanding: | 39.84m |
| Value/Turnover: | 105,023.00 | Market Capitalization: | 305.17m |
PREFTX Stock Market Performance
| 1WK | 4WK | 3MO | 6MO | 1YR | YTD |
|---|---|---|---|---|---|
| +2.54% | +3.79% | +3.51% | +12.13% | +4.35% | +3.79% |
The current share price of CoreShares Preftrax ETF (PREFTX) is ZAR 7.67. The PREFTX stock closed its last trading day (Wednesday, April 14, 2021) at 7.67 ZAR per share on the Johannesburg Stock Exchange, recording a 0.13% drop from its previous closing price of 7.68 ZAR. PREFTX began the year with a share price of 7.39 ZAR and has since gained 3.79% on that price valuation, ranking it 261st on the JSE in terms of year-to-date performance. The table below details the last 10 trading days of activity of CoreShares Preftrax ETF on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2021-04-14 | 205,819 | 7.67 | -0.01 | 0.13% |
| 2021-04-13 | 2,126,185 | 7.68 | +0.15 | 1.99% |
| 2021-04-12 | 18,428 | 7.53 | +0.02 | 0.27% |
| 2021-04-09 | 295,799 | 7.51 | +0.01 | 0.13% |
| 2021-04-08 | 40,508 | 7.50 | +0.02 | 0.27% |
| 2021-04-07 | 44,382 | 7.48 | +0.03 | 0.40% |
| 2021-04-06 | 315,757 | 7.45 | -0.05 | 0.67% |
| 2021-04-01 | 721,272 | 7.50 | -- | -- |
| 2021-03-31 | 146,553 | 7.50 | -0.01 | 0.13% |
| 2021-03-30 | 6,336 | 7.51 | -- | -- |
Profile of CoreShares Asset Management (Pty) Limited
CoreShares Asset Management (Pty) Limited operates in the Financials sector, specifically, the Investment Services industry. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.
| 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 SA Property Income (+13.07%), CoreShares Top50 ETF (+13.02%), CoreShares S&P 500 (+8.76%), CoreShares SciBeta Multi-Factor ETF (+7.54%), CoreShares S&P Global Property ETF (+6.74%), CoreShares GlobalDivTrax ETF (+5.98%) and CoreShares Divtrax ETF (+5.51%) 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 gives you an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | Mkt. Cap. | L. Price | YearTD |
|---|---|---|---|---|
| ETFRHO | 1nvest Rhodium ETF | 1.22b | 3,916.15 | +66.6% |
| MTNZF | MTN Zakhele Futhi | 2.00b | 16.01 | +65.6% |
| SBP | Sabvest Capital Limited | 2.15b | 48.49 | +63.0% |
| 4SI | 4Sight Holdings Limited | 224.35m | 0.36 | +28.6% |
| STXRES | Satrix RESI ETF Portfolio | 869.74m | 70.90 | +21.0% |
| RACP | RECM and Calibre Limited | 630.89m | 13.31 | +21.0% |
| NFSH40 | NEWFUNDS SHARIA TOP40 | 64.64m | 4.12 | +18.1% |
| YYLBEE | YeboYethu (RF) Ltd | 2.12b | 41.00 | +17.1% |
| SYG4IR | Sygnia Itrix 4th IR Global Equity ETF | 2.24b | 53.42 | +16.5% |
| STXRAF | Satrix RAFI 40 Portfolio | 962.34m | 16.56 | +15.8% |