Towercrest Capital Management’s iShares Preferred and Income Securities ETF PFF Stock Holding History

Towercrest Capital Management’s Portfolio PFF Stock Details PFF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-87,416	Closed	-$3.39M	–	27
2017 Q3	$3.39M	Buy	87,416 +134	+0.2%	+$5.22K	2.6%	15
2017 Q2	$3.42M	Buy	87,282 +19,685	+29%	+$766K	2.68%	15
2017 Q1	$2.62M	Sell	67,597 -5,661	-8%	-$216K	2.18%	16
2016 Q4	$2.73M	Sell	73,258 -13,315	-15%	-$506K	2.37%	15
2016 Q3	$3.42M	Buy	86,573 +14,114	+19%	+$563K	3.04%	15
2016 Q2	$2.89M	Buy	72,459 +17,567	+32%	+$688K	2.78%	14
2016 Q1	$2.14M	Sell	54,892 -11,536	-17%	-$441K	2.27%	16
2015 Q4	$2.58M	Sell	66,428 -610	-0.9%	-$23.7K	2.79%	13
2015 Q3	$2.59M	Buy	67,038 +9,251	+16%	+$362K	2.85%	13
2015 Q2	$2.26M	Buy	57,787 +449	+0.8%	+$17.8K	2.39%	15
2015 Q1	$2.29M	Buy	57,338 +34,912	+156%	+$1.39M	2.39%	17
2014 Q4	$884K	Buy	+22,426	New	+$887K	1.02%	18

Other funds holding PFF

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Creative Planning Overland Park, Kansas $147B AUM 18.73% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Aozora Bank Tokyo, Japan $43.6M AUM 1.15% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Towercrest Capital Management's PFF Position: Q4 2017 in Review

Towercrest Capital Management sold out of iShares Preferred and Income Securities ETF (PFF) in Q4 2017, closing a stake of 87,416 shares — an estimated $3.39M sold.

Towercrest Capital Management first reported a position in PFF in Q4 2014 and held it in 12 quarters. The position peaked at $3.42M in Q3 2016. 717 funds tracked by Wall St. Rank hold PFF as of Q4 2017.

Towercrest Capital Management reported no remaining iShares Preferred and Income Securities ETF position as of Q4 2017 after selling out during the quarter.
Towercrest Capital Management sold 87,416 iShares Preferred and Income Securities ETF shares in Q4 2017, an estimated $3.39M.
Towercrest Capital Management first reported a position in iShares Preferred and Income Securities ETF in Q4 2014 and held it in 12 quarters.
Towercrest Capital Management's iShares Preferred and Income Securities ETF position peaked at $3.42M in Q3 2016.
717 funds tracked by Wall St. Rank held iShares Preferred and Income Securities ETF as of Q4 2017.

Based on Towercrest Capital Management's 13F filing for Q4 2017, filed 14 Feb 2018.