ETF spotlight on iShares S&P U.S. Preferred Stock (NYSEArca: PFF), part of an ongoing series.
Assets: $7.7 billion.
Objective: The iShares S&P U.S. Preferred Stock Fund tries to reflect the performance of the S&P Preferred Stock Index, which includes a selected group of preferred stocks listed on various exchanges, including the NYSE and Nasdaq. [Preferred Stock ETFs: High Yields, Capital Appreciation]
Holdings: Top holdings include: General Mltrs Co. 2.6%, HSBC Holdings 2.5%, Barclays Bank 1.7%, Wells Fargo 1.5% and Citigroup Cap XIII 1.5%.