Rockefeller Capital Management L.P. Has $1.46 Million Stake in SPDR ICE Preferred Securities ETF $PSK

Rockefeller Capital Management L.P. lifted its stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 164.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 45,908 shares of the company’s stock after purchasing an additional 28,533 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in SPDR ICE Preferred Securities ETF were worth $1,455,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in PSK. Amicus Financial Advisors LLC bought a new position in SPDR ICE Preferred Securities ETF during the 4th quarter worth $240,000. WealthPoint Financial LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF during the 4th quarter valued at $259,000. Wealthspire Retirement LLC grew its holdings in shares of SPDR ICE Preferred Securities ETF by 9.2% during the 4th quarter. Wealthspire Retirement LLC now owns 40,048 shares of the company’s stock worth $1,269,000 after purchasing an additional 3,367 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of SPDR ICE Preferred Securities ETF by 2.6% during the 4th quarter. NewEdge Advisors LLC now owns 25,431 shares of the company’s stock worth $806,000 after purchasing an additional 636 shares in the last quarter. Finally, Zacks Investment Management acquired a new stake in shares of SPDR ICE Preferred Securities ETF during the 4th quarter worth $5,187,000.

SPDR ICE Preferred Securities ETF Stock Performance

Shares of NYSEARCA PSK opened at $30.50 on Thursday. The stock’s fifty day moving average is $30.98 and its 200 day moving average is $31.54. SPDR ICE Preferred Securities ETF has a 52 week low of $30.35 and a 52 week high of $33.77.

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.