SouthState Corp Grows Position in iShares Preferred and Income Securities ETF (NASDAQ:PFF)

SouthState Corp grew its stake in iShares Preferred and Income Securities ETF (NASDAQ:PFF) by 2.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,183 shares of the company’s stock after acquiring an additional 2,254 shares during the quarter. SouthState Corp’s holdings in iShares Preferred and Income Securities ETF were worth $2,940,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in PFF. Brown Brothers Harriman & Co. purchased a new stake in iShares Preferred and Income Securities ETF in the 4th quarter worth approximately $27,000. Viewpoint Capital Management LLC purchased a new stake in shares of iShares Preferred and Income Securities ETF in the second quarter valued at $27,000. M&R Capital Management Inc. increased its stake in iShares Preferred and Income Securities ETF by 280.0% in the first quarter. M&R Capital Management Inc. now owns 950 shares of the company’s stock valued at $31,000 after purchasing an additional 700 shares during the last quarter. Vima LLC purchased a new position in iShares Preferred and Income Securities ETF during the fourth quarter worth about $40,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares Preferred and Income Securities ETF during the second quarter worth about $43,000. Institutional investors and hedge funds own 4.70% of the company’s stock.

iShares Preferred and Income Securities ETF Trading Up 0.2 %

PFF traded up $0.08 during midday trading on Thursday, hitting $32.39. The company’s stock had a trading volume of 1,458,296 shares, compared to its average volume of 4,086,144. iShares Preferred and Income Securities ETF has a 52-week low of $28.15 and a 52-week high of $32.66. The firm has a 50-day moving average price of $31.82 and a two-hundred day moving average price of $31.73. The firm has a market cap of $14.70 billion, a P/E ratio of 3.91 and a beta of 0.51.

iShares Preferred and Income Securities ETF Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, September 6th. Investors of record on Tuesday, September 3rd will be issued a $0.1632 dividend. The ex-dividend date of this dividend is Tuesday, September 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.