161,054 Shares in SPDR ICE Preferred Securities ETF $PSK Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 161,054 shares of the company’s stock, valued at approximately $4,564,000. Park Avenue Securities LLC owned 0.73% of SPDR ICE Preferred Securities ETF at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in shares of SPDR ICE Preferred Securities ETF by 3.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 624,490 shares of the company’s stock worth $19,066,000 after acquiring an additional 22,976 shares in the last quarter. Bank of America Corp DE grew its stake in SPDR ICE Preferred Securities ETF by 14.4% in the 1st quarter. Bank of America Corp DE now owns 259,438 shares of the company’s stock valued at $8,001,000 after acquiring an additional 32,597 shares during the period. Cetera Investment Advisers lifted its position in shares of SPDR ICE Preferred Securities ETF by 90.6% in the first quarter. Cetera Investment Advisers now owns 214,758 shares of the company’s stock valued at $6,623,000 after acquiring an additional 102,077 shares in the last quarter. Rosenberg Matthew Hamilton grew its stake in SPDR ICE Preferred Securities ETF by 23.3% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 141,339 shares of the company’s stock valued at $4,006,000 after acquiring an additional 26,729 shares in the last quarter. Finally, Ameritas Advisory Services LLC boosted its position in shares of SPDR ICE Preferred Securities ETF by 99.8% during the 2nd quarter. Ameritas Advisory Services LLC now owns 122,711 shares of the company’s stock valued at $3,746,000 after acquiring an additional 61,286 shares during the last quarter.

SPDR ICE Preferred Securities ETF Price Performance

PSK stock opened at $27.89 on Friday. The business has a fifty day moving average of $28.76 and a two-hundred day moving average of $30.58. SPDR ICE Preferred Securities ETF has a 52-week low of $27.75 and a 52-week high of $32.96.

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.