RMR Wealth Builders bought a new stake in iShares US Preferred Stock ETF (NASDAQ:PFF) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,800 shares of the company’s stock, valued at approximately $62,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in PFF. Center for Financial Planning Inc. bought a new stake in iShares US Preferred Stock ETF during the first quarter worth about $30,000. WASHINGTON TRUST Co purchased a new position in shares of iShares US Preferred Stock ETF during the 1st quarter valued at about $45,000. Evoke Wealth LLC bought a new stake in iShares US Preferred Stock ETF in the 1st quarter worth approximately $51,000. Financial Management Professionals Inc. lifted its position in iShares US Preferred Stock ETF by 119.6% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,537 shares of the company’s stock worth $53,000 after buying an additional 837 shares during the last quarter. Finally, Ellis Investment Partners LLC boosted its stake in iShares US Preferred Stock ETF by 93.8% in the second quarter. Ellis Investment Partners LLC now owns 1,667 shares of the company’s stock worth $57,000 after buying an additional 807 shares in the last quarter.

Shares of PFF traded up $0.08 during mid-day trading on Wednesday, reaching $36.70. The company’s stock had a trading volume of 82,251 shares, compared to its average volume of 5,397,626. iShares US Preferred Stock ETF has a 52 week low of $23.85 and a 52 week high of $38.33. The company’s fifty day moving average price is $36.31 and its two-hundred day moving average price is $34.54.

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.

Read More: Hold Rating

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

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