SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Shares Sold by Apollon Wealth Management LLC

Apollon Wealth Management LLC lowered its holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 6.4% in the third quarter, Holdings Channel.com reports. The fund owned 16,690 shares of the company’s stock after selling 1,136 shares during the quarter. Apollon Wealth Management LLC’s holdings in SPDR ICE Preferred Securities ETF were worth $595,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Matrix Trust Co acquired a new stake in shares of SPDR ICE Preferred Securities ETF in the third quarter valued at about $68,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR ICE Preferred Securities ETF during the 2nd quarter worth approximately $76,000. International Assets Investment Management LLC acquired a new stake in shares of SPDR ICE Preferred Securities ETF in the 2nd quarter worth approximately $117,000. Clear Creek Financial Management LLC purchased a new position in SPDR ICE Preferred Securities ETF in the 3rd quarter valued at approximately $232,000. Finally, Financial Advocates Investment Management raised its holdings in SPDR ICE Preferred Securities ETF by 13.4% during the second quarter. Financial Advocates Investment Management now owns 10,488 shares of the company’s stock worth $356,000 after purchasing an additional 1,242 shares during the last quarter.

SPDR ICE Preferred Securities ETF Trading Down 0.0 %

PSK opened at $34.48 on Friday. SPDR ICE Preferred Securities ETF has a one year low of $32.13 and a one year high of $36.06. The business’s fifty day moving average is $35.36 and its two-hundred day moving average is $34.48.

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.