One Capital Management LLC decreased its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF – Free Report) by 36.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,313 shares of the company’s stock after selling 8,974 shares during the period. One Capital Management LLC’s holdings in iShares Preferred and Income Securities ETF were worth $481,000 as of its most recent filing with the SEC.
Other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in shares of iShares Preferred and Income Securities ETF by 51.0% in the third quarter. JPMorgan Chase & Co. now owns 1,453,930 shares of the company’s stock valued at $48,314,000 after purchasing an additional 491,005 shares during the period. BNP Paribas Financial Markets bought a new stake in shares of iShares Preferred and Income Securities ETF in the third quarter valued at approximately $67,000. HCR Wealth Advisors raised its position in shares of iShares Preferred and Income Securities ETF by 1.9% in the fourth quarter. HCR Wealth Advisors now owns 42,710 shares of the company’s stock valued at $1,343,000 after purchasing an additional 800 shares during the period. AdvisorNet Financial Inc raised its position in shares of iShares Preferred and Income Securities ETF by 11.6% in the fourth quarter. AdvisorNet Financial Inc now owns 6,793 shares of the company’s stock valued at $214,000 after purchasing an additional 705 shares during the period. Finally, Crestwood Advisors Group LLC raised its position in shares of iShares Preferred and Income Securities ETF by 2.4% in the fourth quarter. Crestwood Advisors Group LLC now owns 32,543 shares of the company’s stock valued at $1,023,000 after purchasing an additional 772 shares during the period. Institutional investors own 4.70% of the company’s stock.
iShares Preferred and Income Securities ETF Stock Down 0.5 %
NASDAQ PFF opened at $31.07 on Friday. The company’s 50 day moving average is $31.67 and its 200-day moving average is $32.34. iShares Preferred and Income Securities ETF has a 12-month low of $30.56 and a 12-month high of $33.59. The firm has a market cap of $14.42 billion, a P/E ratio of 3.95 and a beta of 0.51.
iShares Preferred and Income Securities ETF Cuts Dividend
iShares Preferred and Income Securities 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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