Willis Johnson & Associates Inc. Has $2.66 Million Stock Holdings in Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF)

Willis Johnson & Associates Inc. cut its position in shares of Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) by 2.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 146,673 shares of the company’s stock after selling 3,895 shares during the quarter. Willis Johnson & Associates Inc.’s holdings in Principal Spectrum Preferred Securities Active ETF were worth $2,662,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Cornerstone Wealth Group LLC boosted its holdings in Principal Spectrum Preferred Securities Active ETF by 3.4% during the first quarter. Cornerstone Wealth Group LLC now owns 694,902 shares of the company’s stock valued at $12,612,000 after purchasing an additional 23,083 shares in the last quarter. Private Ocean LLC acquired a new stake in Principal Spectrum Preferred Securities Active ETF during the first quarter valued at approximately $45,000. Pinnacle Bancorp Inc. acquired a new stake in Principal Spectrum Preferred Securities Active ETF during the first quarter valued at approximately $51,000. Investment Partners LTD. boosted its holdings in shares of Principal Spectrum Preferred Securities Active ETF by 3.0% in the 1st quarter. Investment Partners LTD. now owns 131,264 shares of the company’s stock worth $2,382,000 after acquiring an additional 3,793 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in Principal Spectrum Preferred Securities Active ETF by 30.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,182,930 shares of the company’s stock worth $21,470,000 after acquiring an additional 275,035 shares during the last quarter.

Principal Spectrum Preferred Securities Active ETF Stock Up 0.3 %

NYSEARCA PREF traded up $0.05 during trading hours on Thursday, reaching $18.26. 122,959 shares of the company’s stock were exchanged, compared to its average volume of 212,703. Principal Spectrum Preferred Securities Active ETF has a one year low of $16.30 and a one year high of $18.34. The firm has a fifty day moving average of $18.18 and a 200-day moving average of $17.94.

Principal Spectrum Preferred Securities Active ETF Profile

The Principal Spectrum Preferred Securities Active ETF (PREF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a primary focus on $1,000 par preferred securities. PREF was launched on Jul 10, 2017 and is managed by Principal.