Sharper & Granite LLC cut its holdings in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK – Free Report) by 4.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,985 shares of the company’s stock after selling 700 shares during the period. Sharper & Granite LLC owned approximately 0.07% of SPDR ICE Preferred Securities ETF worth $560,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of the business. Atlas Private Wealth Advisors boosted its position in SPDR ICE Preferred Securities ETF by 210.3% during the third quarter. Atlas Private Wealth Advisors now owns 447,166 shares of the company’s stock worth $15,947,000 after purchasing an additional 303,036 shares in the last quarter. Park Avenue Securities LLC lifted its stake in SPDR ICE Preferred Securities ETF by 10.6% in the 3rd quarter. Park Avenue Securities LLC now owns 368,094 shares of the company’s stock valued at $13,126,000 after buying an additional 35,267 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in SPDR ICE Preferred Securities ETF by 133.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 314,732 shares of the company’s stock worth $10,679,000 after buying an additional 179,783 shares during the last quarter. ST Germain D J Co. Inc. increased its stake in SPDR ICE Preferred Securities ETF by 81.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 233,536 shares of the company’s stock worth $7,704,000 after buying an additional 104,560 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in shares of SPDR ICE Preferred Securities ETF by 62.6% during the third quarter. Raymond James & Associates now owns 191,324 shares of the company’s stock valued at $6,823,000 after acquiring an additional 73,689 shares during the last quarter.
SPDR ICE Preferred Securities ETF Trading Down 0.7 %
Shares of PSK opened at $32.41 on Tuesday. The stock has a 50 day moving average price of $33.91 and a 200 day moving average price of $34.48. SPDR ICE Preferred Securities ETF has a one year low of $32.30 and a one year high of $36.06.
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.
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