According to recently disclosed data, BlackRock's iShares Preferred and Income Securities ETF (PPF ETF) has significantly invested in preferred stocks under Strategy, with total holdings reaching $380 million.
ETF Portfolio Details
- Stretch (STRC): Allocation reached $210 million, making it the ETF's fourth-largest holding;
- Strife (STRF): Allocated $97.5 million, accounting for 0.69% of the ETF's total weight;
- MSTR Common Stock: Allocated $90 million, representing 0.64% of total weight;
- Stride (STRD): Allocated $73 million, accounting for 0.51% of the ETF's total weight.
This series of allocations demonstrates that preferred stocks under Strategy are becoming an important component of institutional investment portfolios.