SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Shares Purchased by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. increased its holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 32,505.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,084 shares of the company’s stock after purchasing an additional 26,004 shares during the quarter. Transamerica Financial Advisors Inc. owned 0.11% of SPDR ICE Preferred Securities ETF worth $931,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of PSK. Bank of New York Mellon Corp acquired a new position in shares of SPDR ICE Preferred Securities ETF during the second quarter valued at approximately $19,949,000. Atlas Private Wealth Advisors increased its position in shares of SPDR ICE Preferred Securities ETF by 210.3% during the third quarter. Atlas Private Wealth Advisors now owns 447,166 shares of the company’s stock worth $15,947,000 after purchasing an additional 303,036 shares in the last quarter. Park Avenue Securities LLC raised its stake in SPDR ICE Preferred Securities ETF by 10.6% in the 3rd quarter. Park Avenue Securities LLC now owns 368,094 shares of the company’s stock valued at $13,126,000 after purchasing an additional 35,267 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in SPDR ICE Preferred Securities ETF by 133.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 314,732 shares of the company’s stock valued at $10,679,000 after purchasing an additional 179,783 shares in the last quarter. Finally, Sage Advisory Services Ltd.Co. grew its holdings in shares of SPDR ICE Preferred Securities ETF by 147.3% during the second quarter. Sage Advisory Services Ltd.Co. now owns 194,882 shares of the company’s stock worth $6,612,000 after buying an additional 116,067 shares in the last quarter.

SPDR ICE Preferred Securities ETF Trading Down 0.7 %

Shares of NYSEARCA PSK opened at $34.36 on Wednesday. The firm has a 50-day simple moving average of $35.24 and a 200-day simple moving average of $34.52. SPDR ICE Preferred Securities ETF has a 52 week low of $32.37 and a 52 week high of $36.06.

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.