Personal Wealth Partners bought a new stake in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 26,047 shares of the company’s stock, valued at approximately $952,000. iShares US Preferred Stock ETF makes up approximately 0.5% of Personal Wealth Partners’ portfolio, making the stock its 22nd largest position.
A number of other institutional investors and hedge funds also recently bought and sold shares of PFF. MCF Advisors LLC grew its stake in shares of iShares US Preferred Stock ETF by 159.5% in the 4th quarter. MCF Advisors LLC now owns 776 shares of the company’s stock worth $27,000 after buying an additional 477 shares in the last quarter. TD Capital Management LLC grew its stake in shares of iShares US Preferred Stock ETF by 336.7% in the 4th quarter. TD Capital Management LLC now owns 856 shares of the company’s stock worth $29,000 after buying an additional 660 shares in the last quarter. Doyle Wealth Management purchased a new position in shares of iShares US Preferred Stock ETF in the 4th quarter worth $29,000. Stone House Investment Management LLC purchased a new position in shares of iShares US Preferred Stock ETF during the 1st quarter worth about $29,000. Finally, Bogart Wealth LLC boosted its stake in shares of iShares US Preferred Stock ETF by 244.1% during the 1st quarter. Bogart Wealth LLC now owns 850 shares of the company’s stock worth $31,000 after purchasing an additional 603 shares during the period.
Shares of PFF stock traded down $0.02 during trading hours on Wednesday, reaching $36.68. 17,242 shares of the stock were exchanged, compared to its average volume of 3,462,531. iShares US Preferred Stock ETF has a 12-month low of $33.26 and a 12-month high of $38.08.
TRADEMARK VIOLATION WARNING: This news story was first posted by Ticker Report and is the property of of Ticker Report. If you are viewing this news story on another site, it was copied illegally and reposted in violation of international copyright & trademark law. The correct version of this news story can be read at https://www.tickerreport.com/banking-finance/4299382/personal-wealth-partners-takes-position-in-ishares-us-preferred-stock-etf-pff.html.
About iShares US Preferred Stock ETF
iShares U.S. Preferred Stock ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results, which correspond to the price and yield performance, before fees and expenses, of the S&P U.S. Preferred Stock Index (the Underlying Index). The Underlying Index measures the performance of a select group of preferred stocks listed on the New York Stock Exchange (NYSE), NYSE Arca, Inc (NYSE Arca), NYSE Amex, NASDAQ Global Select Market, NASDAQ Select Market or NASDAQ Capital Market.
Featured Article: What is a Futures Contract?
Receive News & Ratings for iShares US Preferred Stock ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares US Preferred Stock ETF and related companies with MarketBeat.com's FREE daily email newsletter.