ST Germain D J Co. Inc. Sells 114,808 Shares of SPDR ICE Preferred Securities ETF $PSK

ST Germain D J Co. Inc. trimmed its stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 58.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 82,199 shares of the company’s stock after selling 114,808 shares during the quarter. ST Germain D J Co. Inc. owned 0.34% of SPDR ICE Preferred Securities ETF worth $2,605,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Equitable Holdings Inc. lifted its holdings in shares of SPDR ICE Preferred Securities ETF by 4.0% during the third quarter. Equitable Holdings Inc. now owns 8,613 shares of the company’s stock valued at $285,000 after purchasing an additional 332 shares in the last quarter. Pure Financial Advisors LLC lifted its holdings in shares of SPDR ICE Preferred Securities ETF by 2.0% during the third quarter. Pure Financial Advisors LLC now owns 24,817 shares of the company’s stock valued at $821,000 after purchasing an additional 494 shares in the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of SPDR ICE Preferred Securities ETF by 8.1% during the third quarter. Stratos Wealth Partners LTD. now owns 6,888 shares of the company’s stock valued at $228,000 after purchasing an additional 518 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of SPDR ICE Preferred Securities ETF by 12.7% during the third quarter. Farther Finance Advisors LLC now owns 5,006 shares of the company’s stock valued at $166,000 after purchasing an additional 564 shares in the last quarter. Finally, Private Trust Co. NA lifted its holdings in shares of SPDR ICE Preferred Securities ETF by 4.5% during the fourth quarter. Private Trust Co. NA now owns 13,270 shares of the company’s stock valued at $421,000 after purchasing an additional 569 shares in the last quarter.

SPDR ICE Preferred Securities ETF Price Performance

Shares of NYSEARCA:PSK opened at $31.65 on Monday. SPDR ICE Preferred Securities ETF has a 1 year low of $30.70 and a 1 year high of $33.77. The stock’s fifty day moving average price is $31.59 and its 200-day moving average price is $32.00.

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.