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iShares US Preferred Stock ETF (NASDAQ:PFF) Stock Position Lowered by Joseph P. Lucia & Associates LLC

Joseph P. Lucia & Associates LLC reduced its holdings in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 95.4% during the second its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,340 shares of the 1,740,437 shares during the quarter. iShares US Preferred Stock ETF comprises 3.2% of Joseph P. Lucia & Associates LLC’s investment portfolio, making the stock its 3rd biggest position. Joseph P. Lucia & Associates LLC’s holdings in iShares US Preferred Stock ETF were worth $3,071,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the stock. Wells Fargo & Company MN lifted its stake in shares of iShares US Preferred Stock ETF by 5.4% during 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 in the last quarter. Fifth Third Bancorp lifted its stake 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 worth $80,161,000 309,878 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake 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 worth $77,259,000 361,097 shares in the last quarter. Price Capital Management Inc. purchased a new stake in iShares US Preferred Stock ETF in the 1st quarter worth approximately $66,259,000. Finally, Sage Advisory Services Ltd.Co. lifted its stake in iShares US Preferred Stock ETF by 2.3% in the 1st quarter. Sage Advisory Services Ltd.Co. now owns 883,729 shares of the company’s stock worth $32,283,000 19,553 shares in the last quarter.

Get iShares US Preferred Stock ETF alerts: NASDAQ PFF traded up $0.04 on Monday, hitting $37.36. The stock had a trading volume of 37,007 shares, compared to its average volume of 3,348,412. iShares US Preferred Stock ETF has a 52-week low of $33.26 and a 52-week high of $37.94. The business has a 50-day moving average of $36.94.

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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