Alpha Cubed Investments LLC Reduces Stake in iShares US Preferred Stock ETF (NASDAQ:PFF)

Alpha Cubed Investments LLC reduced its holdings in iShares US Preferred Stock ETF (NASDAQ:PFF) by 30.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,227 shares of the company’s stock after selling 4,919 shares during the period. Alpha Cubed Investments LLC’s holdings in iShares US Preferred Stock ETF were worth $389,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of PFF. Sabal Trust CO acquired a new stake in iShares US Preferred Stock ETF during the second quarter worth about $301,000. City Holding Co. lifted its stake in shares of iShares US Preferred Stock ETF by 0.8% in the 2nd quarter. City Holding Co. now owns 42,000 shares of the company’s stock valued at $1,455,000 after purchasing an additional 350 shares during the period. Ellis Investment Partners LLC grew its position in iShares US Preferred Stock ETF by 93.8% during the second quarter. Ellis Investment Partners LLC now owns 1,667 shares of the company’s stock valued at $57,000 after buying an additional 807 shares during the period. Whittier Trust Co. of Nevada Inc. increased its holdings in iShares US Preferred Stock ETF by 16.5% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 10,584 shares of the company’s stock valued at $366,000 after buying an additional 1,500 shares in the last quarter. Finally, Whittier Trust Co. boosted its stake in shares of iShares US Preferred Stock ETF by 31.8% during the 2nd quarter. Whittier Trust Co. now owns 89,641 shares of the company’s stock worth $3,104,000 after acquiring an additional 21,605 shares in the last quarter.

Shares of PFF stock opened at $34.89 on Tuesday. iShares US Preferred Stock ETF has a 12-month low of $23.85 and a 12-month high of $38.33. The business’s 50 day moving average is $34.86 and its two-hundred day moving average is $35.14.

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.

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

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