FTB Advisors Inc. Acquires 13,778 Shares of iShares US Preferred Stock ETF (NASDAQ:PFF)

FTB Advisors Inc. increased its holdings in iShares US Preferred Stock ETF (NASDAQ:PFF) by 5.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 288,164 shares of the company’s stock after purchasing an additional 13,778 shares during the quarter. FTB Advisors Inc. owned approximately 0.07% of iShares US Preferred Stock ETF worth $10,619,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Wells Fargo & Company MN raised its holdings in shares of iShares US Preferred Stock ETF by 5.4% in the 1st quarter. Wells Fargo & Company MN now owns 7,206,775 shares of the company’s stock worth $263,408,000 after acquiring an additional 366,399 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares US Preferred Stock ETF by 2.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,442,801 shares of the company’s stock worth $163,717,000 after acquiring an additional 89,023 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of iShares US Preferred Stock ETF by 16.5% in the 1st quarter. Fifth Third Bancorp now owns 2,193,194 shares of the company’s stock worth $80,161,000 after acquiring an additional 309,878 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares US Preferred Stock ETF by 20.6% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,113,801 shares of the company’s stock worth $77,259,000 after acquiring an additional 361,097 shares during the last quarter. Finally, Joseph P. Lucia & Associates LLC acquired a new stake in shares of iShares US Preferred Stock ETF in the 1st quarter worth about $49,695,000.

NASDAQ:PFF traded up $0.07 on Tuesday, hitting $37.37. The stock had a trading volume of 1,436,953 shares, compared to its average volume of 3,442,063. iShares US Preferred Stock ETF has a 1 year low of $33.26 and a 1 year high of $37.94. The firm’s fifty day simple moving average is $37.10 and its two-hundred day simple moving average is $36.63.

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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