Wealthcare Advisory Partners LLC Sells 6,692 Shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Wealthcare Advisory Partners LLC trimmed its holdings in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 11.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 49,601 shares of the company’s stock after selling 6,692 shares during the period. Wealthcare Advisory Partners LLC’s holdings in SPDR ICE Preferred Securities ETF were worth $1,730,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. UBS Group AG lifted its holdings in SPDR ICE Preferred Securities ETF by 3.3% in the third quarter. UBS Group AG now owns 159,661 shares of the company’s stock worth $5,183,000 after buying an additional 5,110 shares during the period. LPL Financial LLC boosted its stake in SPDR ICE Preferred Securities ETF by 9.0% during the third quarter. LPL Financial LLC now owns 664,341 shares of the company’s stock worth $21,565,000 after acquiring an additional 54,921 shares in the last quarter. Crestwood Advisors Group LLC purchased a new stake in SPDR ICE Preferred Securities ETF in the third quarter worth about $477,000. Financial Insights Inc. bought a new position in shares of SPDR ICE Preferred Securities ETF during the third quarter valued at approximately $486,000. Finally, Pure Financial Advisors LLC lifted its holdings in shares of SPDR ICE Preferred Securities ETF by 6.9% during the fourth quarter. Pure Financial Advisors LLC now owns 15,227 shares of the company’s stock valued at $510,000 after purchasing an additional 981 shares during the last quarter.

SPDR ICE Preferred Securities ETF Trading Up 0.3 %

Shares of NYSEARCA PSK traded up $0.11 during trading on Thursday, reaching $34.14. The company had a trading volume of 10,073 shares, compared to its average volume of 119,940. SPDR ICE Preferred Securities ETF has a 12-month low of $29.91 and a 12-month high of $35.37. The business’s 50-day moving average is $33.68 and its 200 day moving average is $34.09.

SPDR ICE Preferred Securities ETF Profile

SPDR Wells Fargo Preferred Stock ETF (the Fund) seeks to replicate the total return of the Wells Fargo Hybrid and Preferred Securities Aggregate Index (the Index). The Index is a modified market capitalization weighted index designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock, including, but not limited to, depositary preferred securities, perpetual subordinated debt and certain securities issued by banks and other financial institutions that are eligible for capital treatment with respect to such instruments akin to that received for issuance of straight preferred stock.