Fintel reports that on November 15, 2024, Wells Fargo upgraded their outlook for Morgan Stanley - Preferred Stock (NYSE:MS.PRK) from Underweight to Equal-Weight.
What is the Fund Sentiment?
There are 54 funds or institutions reporting positions in Morgan Stanley - Preferred Stock. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to MS.PRK is 0.50%, an increase of 8.53%. Total shares owned by institutions decreased in the last three months by 3.18% to 14,082K shares.
What are Other Shareholders Doing?
PFF - iShares Preferred and Income Securities ETF holds 3,636K shares. In its prior filing, the firm reported owning 3,748K shares , representing a decrease of 3.08%. The firm increased its portfolio allocation in MS.PRK by 0.70% over the last quarter.
PGX - Invesco Preferred ETF holds 1,809K shares. In its prior filing, the firm reported owning 1,856K shares , representing a decrease of 2.58%. The firm decreased its portfolio allocation in MS.PRK by 3.11% over the last quarter.
NPSAX - Nuveen Preferred Securities and Income Fund holds 1,345K shares. No change in the last quarter.
Nuveen Preferred & Income Opportunities Fund holds 842K shares. No change in the last quarter.
CPXAX - Cohen & Steers Preferred Securities & Income Fund, Inc. holds 824K shares. No change in the last quarter.
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