SPDR ICE Preferred Securities ETF $PSK Shares Sold by Investors Research Corp

Investors Research Corp decreased its stake in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 24.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 73,992 shares of the company’s stock after selling 23,712 shares during the quarter. Investors Research Corp’s holdings in SPDR ICE Preferred Securities ETF were worth $2,097,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Rosenberg Matthew Hamilton raised its holdings in SPDR ICE Preferred Securities ETF by 23.3% in 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 during the period. Integrated Wealth Concepts LLC acquired a new stake in SPDR ICE Preferred Securities ETF during the second quarter worth approximately $3,677,000. Ameritas Advisory Services LLC boosted its holdings in shares of SPDR ICE Preferred Securities ETF by 99.8% during the second quarter. Ameritas Advisory Services LLC now owns 122,711 shares of the company’s stock worth $3,746,000 after acquiring an additional 61,286 shares during the period. Clarus Wealth Advisors bought a new stake in shares of SPDR ICE Preferred Securities ETF during the second quarter worth approximately $732,000. Finally, Rockefeller Capital Management L.P. grew its position in shares of SPDR ICE Preferred Securities ETF by 164.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 45,908 shares of the company’s stock valued at $1,455,000 after purchasing an additional 28,533 shares during the last quarter.

SPDR ICE Preferred Securities ETF Price Performance

Shares of SPDR ICE Preferred Securities ETF stock traded down $0.15 on Wednesday, hitting $28.04. The stock had a trading volume of 252,175 shares, compared to its average volume of 108,821. SPDR ICE Preferred Securities ETF has a twelve month low of $27.92 and a twelve month high of $33.17. The business’s 50 day moving average is $29.39 and its two-hundred day moving average is $30.38.

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.