Financial Counselors Inc. Has $8.56 Million Stock Holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Financial Counselors Inc. lowered its stake in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 21.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 252,281 shares of the company’s stock after selling 69,801 shares during the period. Financial Counselors Inc. owned about 1.09% of SPDR ICE Preferred Securities ETF worth $8,560,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of PSK. International Assets Investment Management LLC acquired a new position in SPDR ICE Preferred Securities ETF in the fourth quarter worth approximately $3,215,000. Simplex Trading LLC acquired a new position in shares of SPDR ICE Preferred Securities ETF during the 4th quarter worth $32,000. Truist Financial Corp raised its holdings in shares of SPDR ICE Preferred Securities ETF by 4.8% during the 4th quarter. Truist Financial Corp now owns 139,584 shares of the company’s stock valued at $4,679,000 after purchasing an additional 6,338 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of SPDR ICE Preferred Securities ETF by 14.9% during the 4th quarter. Private Advisor Group LLC now owns 43,987 shares of the company’s stock valued at $1,474,000 after purchasing an additional 5,691 shares in the last quarter. Finally, Charles Schwab Investment Advisory Inc. lifted its stake in shares of SPDR ICE Preferred Securities ETF by 12.4% in the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 159,158 shares of the company’s stock valued at $5,335,000 after purchasing an additional 17,523 shares during the last quarter.

SPDR ICE Preferred Securities ETF Price Performance

SPDR ICE Preferred Securities ETF stock opened at $34.77 on Tuesday. SPDR ICE Preferred Securities ETF has a one year low of $29.91 and a one year high of $35.37. The company’s fifty day moving average price is $34.19 and its two-hundred day moving average price is $34.14.

SPDR ICE Preferred Securities ETF Company 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.