Parkside Financial Bank & Trust Buys New Position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Parkside Financial Bank & Trust bought a new stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,200 shares of the company’s stock, valued at approximately $74,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Financial Counselors Inc. bought a new position in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter valued at about $39,574,000. LPL Financial LLC boosted its position in shares of SPDR ICE Preferred Securities ETF by 9.0% during the 3rd quarter. LPL Financial LLC now owns 664,341 shares of the company’s stock valued at $21,565,000 after purchasing an additional 54,921 shares in the last quarter. Atlas Private Wealth Advisors bought a new position in shares of SPDR ICE Preferred Securities ETF during the 4th quarter valued at about $7,327,000. Vickerman Investment Advisors Inc. boosted its position in shares of SPDR ICE Preferred Securities ETF by 0.6% during the 3rd quarter. Vickerman Investment Advisors Inc. now owns 215,860 shares of the company’s stock valued at $7,007,000 after purchasing an additional 1,280 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its position in shares of SPDR ICE Preferred Securities ETF by 23.1% during the 3rd quarter. Park Avenue Securities LLC now owns 197,008 shares of the company’s stock valued at $6,395,000 after purchasing an additional 37,017 shares in the last quarter.

SPDR ICE Preferred Securities ETF Stock Down 1.2 %

PSK stock opened at $33.49 on Friday. SPDR ICE Preferred Securities ETF has a one year low of $29.91 and a one year high of $35.37. The firm has a 50-day moving average of $34.50 and a two-hundred day moving average of $33.50.

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.