Polaris Greystone Financial Group LLC Makes New Investment in iShares US Preferred Stock ETF (NASDAQ:PFF)

Polaris Greystone Financial Group LLC bought a new position in shares of iShares US Preferred Stock ETF (NASDAQ:PFF) during the 4th quarter, Holdings Channel.com reports. The firm bought 1,161,193 shares of the company’s stock, valued at approximately $44,137,000. iShares US Preferred Stock ETF makes up 2.9% of Polaris Greystone Financial Group LLC’s holdings, making the stock its 4th biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of iShares US Preferred Stock ETF in the 2nd quarter worth about $60,000. Natixis bought a new stake in iShares US Preferred Stock ETF in the 2nd quarter valued at about $213,000. EP Wealth Advisors LLC bought a new stake in iShares US Preferred Stock ETF in the 2nd quarter valued at about $492,000. Hancock Whitney Corp increased its position in iShares US Preferred Stock ETF by 31.3% in the 2nd quarter. Hancock Whitney Corp now owns 41,737 shares of the company’s stock valued at $1,538,000 after buying an additional 9,949 shares in the last quarter. Finally, Macquarie Group Ltd. increased its position in iShares US Preferred Stock ETF by 41.9% in the 2nd quarter. Macquarie Group Ltd. now owns 58,024 shares of the company’s stock valued at $2,138,000 after buying an additional 17,128 shares in the last quarter.

iShares US Preferred Stock ETF stock traded down $0.06 during midday trading on Friday, reaching $38.17. The stock had a trading volume of 2,697,231 shares, compared to its average volume of 4,652,470. iShares US Preferred Stock ETF has a 12 month low of $35.50 and a 12 month high of $38.23. The company has a fifty day moving average price of $37.75 and a two-hundred day moving average price of $37.39.

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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Want to see what other hedge funds are holding PFF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares US Preferred Stock ETF (NASDAQ:PFF).

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

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