Ameritas Advisory Services LLC Grows Stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Ameritas Advisory Services LLC grew its holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 6.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 70,764 shares of the company’s stock after acquiring an additional 4,441 shares during the quarter. Ameritas Advisory Services LLC owned about 0.30% of SPDR ICE Preferred Securities ETF worth $2,334,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Larson Financial Group LLC purchased a new position in shares of SPDR ICE Preferred Securities ETF in the 3rd quarter valued at about $31,000. Matrix Trust Co purchased a new position in shares of SPDR ICE Preferred Securities ETF in the 3rd quarter valued at about $68,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of SPDR ICE Preferred Securities ETF by 98.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,450 shares of the company’s stock valued at $159,000 after acquiring an additional 2,203 shares during the last quarter. Clear Creek Financial Management LLC purchased a new position in shares of SPDR ICE Preferred Securities ETF in the 3rd quarter valued at about $232,000. Finally, Hilton Capital Management LLC increased its holdings in shares of SPDR ICE Preferred Securities ETF by 20.3% in the 3rd quarter. Hilton Capital Management LLC now owns 10,275 shares of the company’s stock valued at $366,000 after acquiring an additional 1,735 shares during the last quarter.

SPDR ICE Preferred Securities ETF Price Performance

Shares of NYSEARCA PSK opened at $33.36 on Monday. SPDR ICE Preferred Securities ETF has a 52-week low of $32.30 and a 52-week high of $36.06. The business has a 50-day moving average price of $33.75 and a 200 day moving average price of $34.46.

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.