Clear Creek Financial Management LLC Takes Position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Clear Creek Financial Management LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,495 shares of the company’s stock, valued at approximately $232,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of PSK. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of SPDR ICE Preferred Securities ETF during the 1st quarter valued at approximately $583,000. US Bancorp DE lifted its stake in SPDR ICE Preferred Securities ETF by 142.6% in the 1st quarter. US Bancorp DE now owns 13,806 shares of the company’s stock worth $481,000 after purchasing an additional 8,116 shares in the last quarter. Orion Portfolio Solutions LLC lifted its stake in SPDR ICE Preferred Securities ETF by 10.2% in the 1st quarter. Orion Portfolio Solutions LLC now owns 68,987 shares of the company’s stock worth $2,406,000 after purchasing an additional 6,381 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in SPDR ICE Preferred Securities ETF by 19.7% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 16,168 shares of the company’s stock worth $525,000 after purchasing an additional 2,656 shares in the last quarter. Finally, XML Financial LLC lifted its stake in SPDR ICE Preferred Securities ETF by 11.4% in the 1st quarter. XML Financial LLC now owns 25,660 shares of the company’s stock worth $895,000 after purchasing an additional 2,632 shares in the last quarter.

SPDR ICE Preferred Securities ETF Trading Up 1.1 %

NYSEARCA PSK opened at $34.97 on Tuesday. SPDR ICE Preferred Securities ETF has a 1 year low of $31.65 and a 1 year high of $36.06. The company’s 50 day simple moving average is $35.37 and its two-hundred day simple moving average is $34.41.

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.