Sheaff Brock Investment Advisors LLC Sells 799 Shares of iShares US Preferred Stock ETF (NASDAQ:PFF)

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Sheaff Brock Investment Advisors LLC decreased its stake in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 2.9% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 26,536 shares of the company’s stock after selling 799 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in iShares US Preferred Stock ETF were worth $978,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its stake in iShares US Preferred Stock ETF by 18.1% during the second quarter. Janney Montgomery Scott LLC now owns 558,426 shares of the company’s stock valued at $20,578,000 after purchasing an additional 85,784 shares in the last quarter. Clearbridge Investments LLC raised its stake in shares of iShares US Preferred Stock ETF by 0.4% in the first quarter. Clearbridge Investments LLC now owns 141,280 shares of the company’s stock valued at $5,164,000 after acquiring an additional 500 shares during the period. Brave Asset Management Inc. raised its stake in shares of iShares US Preferred Stock ETF by 3,386.2% in the first quarter. Brave Asset Management Inc. now owns 279,207 shares of the company’s stock valued at $10,205,000 after acquiring an additional 271,198 shares during the period. KMG Fiduciary Partners LLC raised its stake in shares of iShares US Preferred Stock ETF by 12.6% in the first quarter. KMG Fiduciary Partners LLC now owns 31,101 shares of the company’s stock valued at $1,137,000 after acquiring an additional 3,491 shares during the period. Finally, Monroe Bank & Trust MI raised its stake in shares of iShares US Preferred Stock ETF by 4.5% in the first quarter. Monroe Bank & Trust MI now owns 41,516 shares of the company’s stock valued at $1,517,000 after acquiring an additional 1,795 shares during the period.

Shares of PFF traded down $0.05 during midday trading on Wednesday, hitting $37.16. The stock had a trading volume of 108,585 shares, compared to its average volume of 3,408,600. iShares US Preferred Stock ETF has a 1 year low of $33.26 and a 1 year high of $37.94. The company’s 50 day moving average is $37.05.

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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