Traders sold shares of iShares S&P US Pref Stock Idx Fnd (NYSE:PFF) on strength during trading on Friday. $30.91 million flowed into the stock on the tick-up and $53.32 million flowed out of the stock on the tick-down, for a money net flow of $22.41 million out of the stock. Of all equities tracked, iShares S&P US Pref Stock Idx Fnd had the 26th highest net out-flow for the day. iShares S&P US Pref Stock Idx Fnd traded up $0.01 for the day and closed at $38.63

The firm has a 50-day moving average price of $39.12 and a 200 day moving average price of $38.75.

The company also recently declared a monthly dividend, which was paid on Monday, August 7th. Investors of record on Thursday, August 3rd were given a dividend of $0.1768 per share. The ex-dividend date was Tuesday, August 1st. This represents a $2.12 annualized dividend and a dividend yield of 5.49%.

Several large investors have recently added to or reduced their stakes in PFF. Cue Financial Group Inc. raised its stake in iShares S&P US Pref Stock Idx Fnd by 198.1% in the second quarter. Cue Financial Group Inc. now owns 36,794 shares of the company’s stock valued at $1,441,000 after buying an additional 24,450 shares in the last quarter. SPC Financial Inc. raised its stake in iShares S&P US Pref Stock Idx Fnd by 12.6% in the second quarter. SPC Financial Inc. now owns 7,160 shares of the company’s stock valued at $280,000 after buying an additional 800 shares in the last quarter. Aviance Capital Partners LLC raised its stake in iShares S&P US Pref Stock Idx Fnd by 17.2% in the second quarter. Aviance Capital Partners LLC now owns 24,440 shares of the company’s stock valued at $957,000 after buying an additional 3,581 shares in the last quarter. Meridian Wealth Management LLC raised its stake in iShares S&P US Pref Stock Idx Fnd by 1.8% in the second quarter. Meridian Wealth Management LLC now owns 13,868 shares of the company’s stock valued at $543,000 after buying an additional 239 shares in the last quarter. Finally, Steinberg Global Asset Management raised its stake in iShares S&P US Pref Stock Idx Fnd by 1.4% in the second quarter. Steinberg Global Asset Management now owns 200,486 shares of the company’s stock valued at $7,853,000 after buying an additional 2,718 shares in the last quarter.

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About iShares S&P US Pref Stock Idx Fnd

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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