HighTower Advisors LLC decreased its holdings in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK – Free Report) by 6.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,325 shares of the company’s stock after selling 535 shares during the quarter. HighTower Advisors LLC’s holdings in SPDR ICE Preferred Securities ETF were worth $262,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the business. Larson Financial Group LLC bought a new stake in SPDR ICE Preferred Securities ETF during the 3rd quarter worth about $31,000. Matrix Trust Co bought a new position in shares of SPDR ICE Preferred Securities ETF in the 3rd quarter valued at about $68,000. International Assets Investment Management LLC acquired a new stake in shares of SPDR ICE Preferred Securities ETF in the second quarter valued at about $117,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in SPDR ICE Preferred Securities ETF by 98.0% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,450 shares of the company’s stock worth $159,000 after acquiring an additional 2,203 shares in the last quarter. Finally, Clear Creek Financial Management LLC acquired a new position in SPDR ICE Preferred Securities ETF during the third quarter valued at approximately $232,000.
SPDR ICE Preferred Securities ETF Stock Performance
PSK stock opened at $33.12 on Tuesday. SPDR ICE Preferred Securities ETF has a twelve month low of $32.86 and a twelve month high of $36.06. The business has a 50 day moving average price of $34.56 and a two-hundred day moving average price of $34.56.
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.
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