Parallel Advisors LLC Reduces Stock Position in iShares US Preferred Stock ETF (NASDAQ:PFF)

Parallel Advisors LLC cut its stake in iShares US Preferred Stock ETF (NASDAQ:PFF) by 15.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,831 shares of the company’s stock after selling 1,094 shares during the period. Parallel Advisors LLC’s holdings in iShares US Preferred Stock ETF were worth $219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of PFF. Capital City Trust Co. FL lifted its holdings in iShares US Preferred Stock ETF by 1.4% in the second quarter. Capital City Trust Co. FL now owns 19,543 shares of the company’s stock valued at $720,000 after acquiring an additional 275 shares during the last quarter. SNS Financial Group LLC lifted its holdings in iShares US Preferred Stock ETF by 1.9% in the second quarter. SNS Financial Group LLC now owns 16,267 shares of the company’s stock valued at $599,000 after acquiring an additional 300 shares during the last quarter. Omega Financial Group LLC lifted its holdings in iShares US Preferred Stock ETF by 4.9% in the third quarter. Omega Financial Group LLC now owns 6,435 shares of the company’s stock valued at $242,000 after acquiring an additional 300 shares during the last quarter. Liberty Wealth Management LLC lifted its holdings in iShares US Preferred Stock ETF by 5.8% in the third quarter. Liberty Wealth Management LLC now owns 5,565 shares of the company’s stock valued at $209,000 after acquiring an additional 304 shares during the last quarter. Finally, Boys Arnold & Co. Inc. lifted its holdings in iShares US Preferred Stock ETF by 3.3% in the third quarter. Boys Arnold & Co. Inc. now owns 9,736 shares of the company’s stock valued at $364,000 after acquiring an additional 310 shares during the last quarter.

PFF traded up $0.01 during trading hours on Friday, reaching $37.04. The company’s stock had a trading volume of 4,857,200 shares, compared to its average volume of 3,463,135. The business’s 50-day moving average is $37.41 and its 200-day moving average is $37.05. iShares US Preferred Stock ETF has a fifty-two week low of $33.26 and a fifty-two week high of $37.71.

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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