Orion Portfolio Solutions LLC Sells 1,041 Shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Orion Portfolio Solutions LLC lowered its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 1.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 64,641 shares of the company’s stock after selling 1,041 shares during the period. Orion Portfolio Solutions LLC owned 0.28% of SPDR ICE Preferred Securities ETF worth $2,132,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in PSK. Rialto Wealth Management LLC acquired a new position in shares of SPDR ICE Preferred Securities ETF during the fourth quarter valued at about $36,000. Independent Advisor Alliance purchased a new stake in shares of SPDR ICE Preferred Securities ETF in the fourth quarter valued at about $219,000. RFG Advisory LLC purchased a new stake in SPDR ICE Preferred Securities ETF in the 4th quarter valued at about $221,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in SPDR ICE Preferred Securities ETF by 56.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,982 shares of the company’s stock worth $230,000 after acquiring an additional 2,532 shares during the period. Finally, Mayflower Financial Advisors LLC purchased a new stake in shares of SPDR ICE Preferred Securities ETF during the 4th quarter valued at $260,000.

SPDR ICE Preferred Securities ETF Price Performance

Shares of NYSEARCA:PSK opened at $32.16 on Wednesday. SPDR ICE Preferred Securities ETF has a fifty-two week low of $32.12 and a fifty-two week high of $36.06. The company’s 50-day moving average is $33.25 and its 200 day moving average is $34.07.

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.