Mirae Asset Global Investments Co. Ltd. Buys Shares of 36,000 SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Mirae Asset Global Investments Co. Ltd. purchased a new position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 36,000 shares of the company’s stock, valued at approximately $1,291,000. Mirae Asset Global Investments Co. Ltd. owned 0.15% of SPDR ICE Preferred Securities ETF at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in PSK. Private Advisor Group LLC lifted its holdings in SPDR ICE Preferred Securities ETF by 37.5% during the 3rd quarter. Private Advisor Group LLC now owns 60,844 shares of the company’s stock worth $2,170,000 after purchasing an additional 16,579 shares in the last quarter. Financial Insights Inc. boosted its position in shares of SPDR ICE Preferred Securities ETF by 44.5% in the third quarter. Financial Insights Inc. now owns 26,073 shares of the company’s stock valued at $930,000 after acquiring an additional 8,024 shares during the period. Raymond James & Associates grew its stake in SPDR ICE Preferred Securities ETF by 62.6% during the third quarter. Raymond James & Associates now owns 191,324 shares of the company’s stock valued at $6,823,000 after acquiring an additional 73,689 shares in the last quarter. ST Germain D J Co. Inc. increased its holdings in SPDR ICE Preferred Securities ETF by 6.3% during the 3rd quarter. ST Germain D J Co. Inc. now owns 128,976 shares of the company’s stock worth $4,599,000 after acquiring an additional 7,651 shares during the period. Finally, Twelve Points Wealth Management LLC lifted its stake in SPDR ICE Preferred Securities ETF by 16.9% in the 3rd quarter. Twelve Points Wealth Management LLC now owns 83,360 shares of the company’s stock worth $2,973,000 after purchasing an additional 12,075 shares in the last quarter.

SPDR ICE Preferred Securities ETF Stock Performance

PSK opened at $34.93 on Friday. SPDR ICE Preferred Securities ETF has a one year low of $30.44 and a one year high of $36.06. The company has a fifty day moving average price of $35.36 and a 200-day moving average price of $34.36.

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.