Starfire Investment Advisers Inc. Has $273,000 Stock Holdings in iShares US Preferred Stock ETF (NASDAQ:PFF)

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Starfire Investment Advisers Inc. cut its stake in iShares US Preferred Stock ETF (NASDAQ:PFF) by 8.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,903 shares of the company’s stock after selling 740 shares during the quarter. Starfire Investment Advisers Inc.’s holdings in iShares US Preferred Stock ETF were worth $273,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE boosted its position in shares of iShares US Preferred Stock ETF by 6.4% during the fourth quarter. Bank of America Corp DE now owns 15,905,016 shares of the company’s stock worth $597,870,000 after purchasing an additional 950,202 shares in the last quarter. Morgan Stanley raised its position in shares of iShares US Preferred Stock ETF by 8.3% in the 1st quarter. Morgan Stanley now owns 8,441,683 shares of the company’s stock valued at $268,783,000 after buying an additional 648,710 shares in the last quarter. UBS Group AG raised its position in shares of iShares US Preferred Stock ETF by 4.0% in the 1st quarter. UBS Group AG now owns 4,790,977 shares of the company’s stock valued at $152,545,000 after buying an additional 182,962 shares in the last quarter. Foundations Investment Advisors LLC acquired a new position in shares of iShares US Preferred Stock ETF in the 2nd quarter valued at approximately $87,857,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of iShares US Preferred Stock ETF by 0.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,996,542 shares of the company’s stock valued at $75,050,000 after buying an additional 11,937 shares in the last quarter.

PFF stock traded down $0.09 during trading on Thursday, reaching $34.71. 66,199 shares of the company were exchanged, compared to its average volume of 6,150,452. The company has a 50-day moving average of $34.80 and a two-hundred day moving average of $35.20. iShares US Preferred Stock ETF has a twelve month low of $23.85 and a twelve month high of $38.33.

iShares US Preferred Stock ETF Company Profile

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.

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

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