SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Shares Sold by United Asset Strategies Inc.

United Asset Strategies Inc. reduced its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 3.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,224 shares of the company’s stock after selling 865 shares during the quarter. United Asset Strategies Inc. owned about 0.11% of SPDR ICE Preferred Securities ETF worth $946,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of PSK. Bank of Montreal Can boosted its holdings in shares of SPDR ICE Preferred Securities ETF by 7.1% in the first quarter. Bank of Montreal Can now owns 51,996 shares of the company’s stock valued at $2,018,000 after acquiring an additional 3,431 shares during the period. Synovus Financial Corp lifted its holdings in shares of SPDR ICE Preferred Securities ETF by 9.1% during the first quarter. Synovus Financial Corp now owns 43,284 shares of the company’s stock worth $1,686,000 after purchasing an additional 3,605 shares during the period. Dakota Wealth Management lifted its holdings in shares of SPDR ICE Preferred Securities ETF by 20.8% during the first quarter. Dakota Wealth Management now owns 5,722 shares of the company’s stock worth $223,000 after purchasing an additional 985 shares during the period. Worth Asset Management LLC acquired a new stake in shares of SPDR ICE Preferred Securities ETF during the first quarter worth $144,000. Finally, Baltimore Washington Financial Advisors Inc. lifted its holdings in shares of SPDR ICE Preferred Securities ETF by 1.7% during the first quarter. Baltimore Washington Financial Advisors Inc. now owns 26,917 shares of the company’s stock worth $1,167,000 after purchasing an additional 457 shares during the period.

SPDR ICE Preferred Securities ETF Stock Down 0.1 %

Shares of NYSEARCA PSK opened at $32.98 on Wednesday. The stock has a fifty day moving average price of $34.63 and a 200 day moving average price of $33.42. SPDR ICE Preferred Securities ETF has a 1-year low of $29.91 and a 1-year high of $35.37.

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.