Delta Investment Management LLC raised its holdings in Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF – Free Report) by 1.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 61,411 shares of the company’s stock after purchasing an additional 848 shares during the quarter. Delta Investment Management LLC’s holdings in Principal Spectrum Preferred Securities Active ETF were worth $1,075,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of PREF. Sunesis Advisors LLC bought a new stake in Principal Spectrum Preferred Securities Active ETF during the 3rd quarter worth approximately $355,000. Commonwealth Equity Services LLC grew its holdings in Principal Spectrum Preferred Securities Active ETF by 1.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 320,068 shares of the company’s stock worth $5,396,000 after acquiring an additional 4,821 shares during the last quarter. Raymond James & Associates grew its holdings in Principal Spectrum Preferred Securities Active ETF by 204.1% during the 3rd quarter. Raymond James & Associates now owns 312,140 shares of the company’s stock worth $5,263,000 after acquiring an additional 209,493 shares during the last quarter. J.W. Cole Advisors Inc. grew its holdings in Principal Spectrum Preferred Securities Active ETF by 34.6% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 64,201 shares of the company’s stock worth $1,082,000 after acquiring an additional 16,493 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Principal Spectrum Preferred Securities Active ETF by 2.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 580,961 shares of the company’s stock worth $9,795,000 after acquiring an additional 11,719 shares during the last quarter.
Principal Spectrum Preferred Securities Active ETF Price Performance
PREF opened at $17.91 on Friday. Principal Spectrum Preferred Securities Active ETF has a fifty-two week low of $16.25 and a fifty-two week high of $18.23. The company’s 50 day moving average price is $17.96 and its two-hundred day moving average price is $17.46.
Principal Spectrum Preferred Securities Active ETF Company Profile
The Principal Spectrum Preferred Securities Active ETF (PREF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a primary focus on $1,000 par preferred securities. PREF was launched on Jul 10, 2017 and is managed by Principal.
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Want to see what other hedge funds are holding PREF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF – Free Report).
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