Mathes Company Inc. trimmed its stake in shares of iShares Preferred and Income Securities ETF (NASDAQ:PFF – Free Report) by 2.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,550 shares of the company’s stock after selling 1,500 shares during the quarter. Mathes Company Inc.’s holdings in iShares Preferred and Income Securities ETF were worth $1,690,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc boosted its holdings in iShares Preferred and Income Securities ETF by 11.4% during the first quarter. AdvisorNet Financial Inc now owns 3,938 shares of the company’s stock valued at $127,000 after purchasing an additional 404 shares in the last quarter. Douglass Winthrop Advisors LLC boosted its holdings in shares of iShares Preferred and Income Securities ETF by 10.8% in the 4th quarter. Douglass Winthrop Advisors LLC now owns 8,200 shares of the company’s stock worth $256,000 after acquiring an additional 800 shares in the last quarter. Cohen & Steers Inc. boosted its holdings in shares of iShares Preferred and Income Securities ETF by 8,108.7% in the 4th quarter. Cohen & Steers Inc. now owns 5,541,190 shares of the company’s stock worth $172,830,000 after acquiring an additional 5,473,686 shares in the last quarter. Waterloo Capital L.P. acquired a new position in shares of iShares Preferred and Income Securities ETF in the 4th quarter worth approximately $201,000. Finally, Massmutual Trust Co. FSB ADV boosted its holdings in shares of iShares Preferred and Income Securities ETF by 4.0% in the 1st quarter. Massmutual Trust Co. FSB ADV now owns 122,396 shares of the company’s stock worth $3,945,000 after acquiring an additional 4,722 shares in the last quarter. 4.70% of the stock is owned by institutional investors and hedge funds.
iShares Preferred and Income Securities ETF Price Performance
Shares of PFF opened at $33.29 on Thursday. The company has a market capitalization of $15.11 billion, a P/E ratio of 3.91 and a beta of 0.51. iShares Preferred and Income Securities ETF has a one year low of $28.15 and a one year high of $33.43. The business’s 50 day simple moving average is $32.08 and its 200-day simple moving average is $31.80.
iShares Preferred and Income Securities ETF Dividend Announcement
About iShares Preferred and Income Securities 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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