Private Trust Co. NA Purchases 4,434 Shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Private Trust Co. NA boosted its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 33.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 17,703 shares of the company’s stock after buying an additional 4,434 shares during the period. Private Trust Co. NA’s holdings in SPDR ICE Preferred Securities ETF were worth $573,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of SPDR ICE Preferred Securities ETF during the 4th quarter valued at $7,704,000. Zacks Investment Management bought a new stake in shares of SPDR ICE Preferred Securities ETF during the 4th quarter valued at $3,719,000. GeoWealth Management LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF during the 4th quarter valued at $2,889,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF during the 4th quarter valued at $2,729,000. Finally, Aspetuck Financial Management LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF during the 1st quarter valued at $1,878,000.

SPDR ICE Preferred Securities ETF Price Performance

SPDR ICE Preferred Securities ETF stock opened at $32.08 on Friday. SPDR ICE Preferred Securities ETF has a 52 week low of $30.85 and a 52 week high of $36.06. The stock has a fifty day moving average of $31.65 and a 200-day moving average of $32.43.

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.