HBK Sorce Advisory LLC Buys 25,558 Shares of iShares US Preferred Stock ETF (NASDAQ:PFF)

HBK Sorce Advisory LLC lifted its stake in iShares US Preferred Stock ETF (NASDAQ:PFF) by 30.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 108,696 shares of the company’s stock after acquiring an additional 25,558 shares during the period. iShares US Preferred Stock ETF accounts for about 0.9% of HBK Sorce Advisory LLC’s investment portfolio, making the stock its 14th largest position. HBK Sorce Advisory LLC’s holdings in iShares US Preferred Stock ETF were worth $4,336,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Laurel Wealth Advisors LLC increased its position in iShares US Preferred Stock ETF by 75.0% in the 1st quarter. Laurel Wealth Advisors LLC now owns 700 shares of the company’s stock worth $26,000 after buying an additional 300 shares during the period. Manchester Financial Inc. bought a new position in iShares US Preferred Stock ETF in the 2nd quarter worth approximately $34,000. SRS Capital Advisors Inc. bought a new position in iShares US Preferred Stock ETF in the 2nd quarter worth approximately $37,000. Westwood Holdings Group Inc. acquired a new stake in shares of iShares US Preferred Stock ETF during the 1st quarter worth approximately $44,000. Finally, First PREMIER Bank grew its holdings in shares of iShares US Preferred Stock ETF by 175.2% during the 2nd quarter. First PREMIER Bank now owns 1,365 shares of the company’s stock worth $50,000 after purchasing an additional 869 shares in the last quarter.

PFF stock traded up $0.06 during trading on Wednesday, hitting $37.23. The company had a trading volume of 24,511 shares, compared to its average volume of 3,466,782. The company has a fifty day moving average price of $37.25 and a two-hundred day moving average price of $36.82. iShares US Preferred Stock ETF has a fifty-two week low of $33.26 and a fifty-two week high of $37.52.

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.

Read More: Why do corrections happen?

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.