We Are One Seven LLC Acquires New Shares in iShares US Preferred Stock ETF (NASDAQ:PFF)

We Are One Seven LLC acquired a new stake in iShares US Preferred Stock ETF (NASDAQ:PFF) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 20,836 shares of the company’s stock, valued at approximately $782,000.

A number of other hedge funds have also added to or reduced their stakes in PFF. JPMorgan Chase & Co. raised its stake in iShares US Preferred Stock ETF by 563.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,377,632 shares of the company’s stock valued at $124,398,000 after buying an additional 2,868,691 shares during the last quarter. UBS Group AG raised its stake in iShares US Preferred Stock ETF by 56.9% during the 2nd quarter. UBS Group AG now owns 4,775,937 shares of the company’s stock valued at $175,994,000 after buying an additional 1,732,716 shares during the last quarter. Foundations Investment Advisors LLC purchased a new stake in iShares US Preferred Stock ETF during the 3rd quarter valued at $26,165,000. Bank of America Corp DE raised its stake in iShares US Preferred Stock ETF by 4.8% during the 2nd quarter. Bank of America Corp DE now owns 13,613,254 shares of the company’s stock valued at $501,648,000 after buying an additional 620,630 shares during the last quarter. Finally, Morgan Stanley raised its stake in iShares US Preferred Stock ETF by 7.3% during the 2nd quarter. Morgan Stanley now owns 6,343,374 shares of the company’s stock valued at $233,753,000 after buying an additional 431,133 shares during the last quarter.

NASDAQ:PFF opened at $37.33 on Friday. iShares US Preferred Stock ETF has a one year low of $33.26 and a one year high of $37.54. The business has a fifty day moving average price of $37.32 and a 200-day moving average price of $36.92.

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 CD ladder?

Institutional Ownership by Quarter for iShares US Preferred Stock ETF (NASDAQ:PFF)

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.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit