SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Shares Sold by Destination Wealth Management

Destination Wealth Management trimmed its holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 6.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,791 shares of the company’s stock after selling 567 shares during the quarter. Destination Wealth Management’s holdings in SPDR ICE Preferred Securities ETF were worth $278,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of PSK. World Investment Advisors LLC increased its position in SPDR ICE Preferred Securities ETF by 7.6% in the 3rd quarter. World Investment Advisors LLC now owns 25,606 shares of the company’s stock valued at $913,000 after acquiring an additional 1,801 shares during the period. Voya Financial Advisors Inc. grew its stake in shares of SPDR ICE Preferred Securities ETF by 108.8% in the 3rd quarter. Voya Financial Advisors Inc. now owns 52,972 shares of the company’s stock valued at $1,899,000 after purchasing an additional 27,605 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in shares of SPDR ICE Preferred Securities ETF in the 3rd quarter valued at approximately $490,000. Rockefeller Capital Management L.P. acquired a new position in shares of SPDR ICE Preferred Securities ETF in the third quarter valued at approximately $520,000. Finally, Transamerica Financial Advisors Inc. raised its stake in shares of SPDR ICE Preferred Securities ETF by 32,505.0% during the third quarter. Transamerica Financial Advisors Inc. now owns 26,084 shares of the company’s stock worth $931,000 after purchasing an additional 26,004 shares during the last quarter.

SPDR ICE Preferred Securities ETF Stock Down 0.8 %

Shares of NYSEARCA PSK opened at $33.93 on Friday. The stock has a fifty day moving average price of $34.84 and a 200 day moving average price of $34.56. SPDR ICE Preferred Securities ETF has a 1-year low of $32.86 and a 1-year high of $36.06.

About SPDR ICE Preferred Securities ETF

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.