EverSource Wealth Advisors LLC Makes New Investment in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

EverSource Wealth Advisors LLC acquired a new position in iShares Preferred and Income Securities ETF (NASDAQ:PFF) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,462 shares of the company’s stock, valued at approximately $77,000.

A number of other large investors have also modified their holdings of the company. Avior Wealth Management LLC raised its position in shares of iShares Preferred and Income Securities ETF by 5.5% during the 3rd quarter. Avior Wealth Management LLC now owns 7,492 shares of the company’s stock worth $249,000 after purchasing an additional 390 shares during the last quarter. Private Trust Co. NA raised its position in shares of iShares Preferred and Income Securities ETF by 1.2% during the 4th quarter. Private Trust Co. NA now owns 40,312 shares of the company’s stock worth $1,267,000 after purchasing an additional 478 shares during the last quarter. Continuum Advisory LLC raised its position in shares of iShares Preferred and Income Securities ETF by 8.2% during the 3rd quarter. Continuum Advisory LLC now owns 6,411 shares of the company’s stock worth $209,000 after purchasing an additional 484 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of iShares Preferred and Income Securities ETF by 0.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 65,845 shares of the company’s stock worth $2,188,000 after purchasing an additional 493 shares during the last quarter. Finally, L.M. Kohn & Company raised its position in shares of iShares Preferred and Income Securities ETF by 4.6% during the 3rd quarter. L.M. Kohn & Company now owns 11,643 shares of the company’s stock worth $387,000 after purchasing an additional 512 shares during the last quarter. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Stock Down 0.2 %

PFF opened at $31.20 on Wednesday. iShares Preferred and Income Securities ETF has a twelve month low of $30.56 and a twelve month high of $33.59. The company has a 50-day moving average price of $31.58 and a 200 day moving average price of $32.28. The company has a market cap of $14.45 billion, a PE ratio of 3.86 and a beta of 0.60.

iShares Preferred and Income Securities ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.1731 per share. The ex-dividend date was Monday, March 3rd.

iShares Preferred and Income Securities ETF Company 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.