Millennium Management LLC Grows Position in iShares US Preferred Stock ETF (NASDAQ:PFF)

Millennium Management LLC boosted its position in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) by 619.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 195,848 shares of the company’s stock after purchasing an additional 168,609 shares during the period. Millennium Management LLC’s holdings in iShares US Preferred Stock ETF were worth $7,350,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PFF. Larson Financial Group LLC bought a new stake in iShares US Preferred Stock ETF during the 3rd quarter valued at about $25,000. Venturi Wealth Management LLC purchased a new position in shares of iShares US Preferred Stock ETF during the third quarter worth approximately $38,000. Knuff & Co LLC purchased a new position in shares of iShares US Preferred Stock ETF during the third quarter worth approximately $38,000. SRS Capital Advisors Inc. bought a new stake in shares of iShares US Preferred Stock ETF during the second quarter valued at approximately $37,000. Finally, Strategic Blueprint LLC bought a new stake in shares of iShares US Preferred Stock ETF during the third quarter valued at approximately $39,000.

Shares of NASDAQ PFF opened at $36.88 on Tuesday. iShares US Preferred Stock ETF has a 52-week low of $33.26 and a 52-week high of $37.71. The stock has a 50 day moving average price of $37.26 and a 200 day moving average price of $37.14.

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.

See Also: Backdoor Roth IRA

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Institutional Ownership by Quarter for iShares US Preferred Stock ETF (NASDAQ:PFF)

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