iShares US Preferred Stock ETF (NASDAQ:PFF) Stock Position Decreased by Lakeview Capital Partners LLC

Lakeview Capital Partners LLC cut its stake in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 8.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,750 shares of the company’s stock after selling 510 shares during the quarter. Lakeview Capital Partners LLC’s holdings in iShares US Preferred Stock ETF were worth $212,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC boosted its position in shares of iShares US Preferred Stock ETF by 75.0% in the first quarter. Laurel Wealth Advisors LLC now owns 700 shares of the company’s stock worth $26,000 after buying an additional 300 shares during the period. Cullen Frost Bankers Inc. acquired a new stake in shares of iShares US Preferred Stock ETF in the first quarter worth $30,000. Manchester Financial Inc. acquired a new stake in shares of iShares US Preferred Stock ETF in the second quarter worth $34,000. Enterprise Financial Services Corp boosted its position in shares of iShares US Preferred Stock ETF by 47.7% in the first quarter. Enterprise Financial Services Corp now owns 1,000 shares of the company’s stock worth $37,000 after buying an additional 323 shares during the period. Finally, Ellis Investment Partners LLC acquired a new stake in shares of iShares US Preferred Stock ETF in the first quarter worth $42,000.

Shares of iShares US Preferred Stock ETF stock traded up $0.09 during midday trading on Wednesday, hitting $37.43. The company’s stock had a trading volume of 62,382 shares, compared to its average volume of 3,437,659. The stock has a 50-day simple moving average of $37.11 and a 200-day simple moving average of $36.64. iShares US Preferred Stock ETF has a 1-year low of $33.26 and a 1-year high of $37.94.

iShares US Preferred Stock ETF 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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