Slow Capital Inc. Lowers Stock Position in iShares US Preferred Stock ETF (NASDAQ:PFF)

Slow Capital Inc. cut its holdings in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 8.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,589 shares of the company’s stock after selling 1,921 shares during the period. Slow Capital Inc.’s holdings in iShares US Preferred Stock ETF were worth $796,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Wells Fargo & Company MN grew its position in iShares US Preferred Stock ETF by 5.4% in the 1st quarter. Wells Fargo & Company MN now owns 7,206,775 shares of the company’s stock valued at $263,408,000 after buying an additional 366,399 shares during the last quarter. Fifth Third Bancorp grew its position in iShares US Preferred Stock ETF by 16.5% in the 1st quarter. Fifth Third Bancorp now owns 2,193,194 shares of the company’s stock valued at $80,161,000 after buying an additional 309,878 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in iShares US Preferred Stock ETF by 20.6% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,113,801 shares of the company’s stock valued at $77,259,000 after buying an additional 361,097 shares during the last quarter. Joseph P. Lucia & Associates LLC purchased a new position in iShares US Preferred Stock ETF in the 1st quarter valued at $49,695,000. Finally, Price Capital Management Inc. purchased a new position in iShares US Preferred Stock ETF in the 1st quarter valued at $66,259,000.

NASDAQ:PFF traded up $0.20 during midday trading on Tuesday, reaching $37.23. The stock had a trading volume of 160,933 shares, compared to its average volume of 3,404,414. The business’s fifty day simple moving average is $37.05. iShares US Preferred Stock ETF has a 12-month low of $33.26 and a 12-month high of $37.94.



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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