Cumberland Advisors Inc. Has $299,000 Position in iShares US Preferred Stock ETF (NASDAQ:PFF)

Cumberland Advisors Inc. lowered its holdings in iShares US Preferred Stock ETF (NASDAQ:PFF) by 11.2% during the third quarter, Holdings Channel.com reports. The firm owned 7,955 shares of the company’s stock after selling 1,000 shares during the period. Cumberland Advisors Inc.’s holdings in iShares US Preferred Stock ETF were worth $299,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Larson Financial Group LLC acquired a new position in iShares US Preferred Stock ETF in the third quarter worth $25,000. Manchester Financial Inc. acquired a new position in iShares US Preferred Stock ETF in the second quarter worth $34,000. SRS Capital Advisors Inc. acquired a new position in iShares US Preferred Stock ETF in the second quarter worth $37,000. Westwood Holdings Group Inc. acquired a new position in iShares US Preferred Stock ETF in the first quarter worth $44,000. Finally, First PREMIER Bank boosted its stake in iShares US Preferred Stock ETF by 175.2% in the second quarter. First PREMIER Bank now owns 1,365 shares of the company’s stock worth $50,000 after purchasing an additional 869 shares in the last quarter.

iShares US Preferred Stock ETF stock traded up $0.09 on Friday, reaching $37.38. The company’s stock had a trading volume of 55,087 shares, compared to its average volume of 3,436,796. The business’s fifty day moving average price is $37.32 and its 200 day moving average price is $36.92. iShares US Preferred Stock ETF has a twelve month low of $33.26 and a twelve month high of $37.54.

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.

See Also: Discount Rate

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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