Bath Savings Trust Co lowered its position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK – Free Report) by 1.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,727 shares of the company’s stock after selling 600 shares during the period. Bath Savings Trust Co owned 0.15% of SPDR ICE Preferred Securities ETF worth $1,113,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Sage Advisory Services Ltd.Co. raised its position in shares of SPDR ICE Preferred Securities ETF by 147.3% during the 2nd quarter. Sage Advisory Services Ltd.Co. now owns 194,882 shares of the company’s stock valued at $6,612,000 after buying an additional 116,067 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of 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 worth $10,679,000 after purchasing an additional 179,783 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in shares of SPDR ICE Preferred Securities ETF by 1.1% during the second quarter. Mercer Global Advisors Inc. ADV now owns 124,411 shares of the company’s stock worth $4,221,000 after acquiring an additional 1,367 shares in the last quarter. Elevation Capital Advisory LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF in the 2nd quarter valued at about $2,931,000. Finally, NewEdge Advisors LLC grew its holdings in SPDR ICE Preferred Securities ETF by 15.3% in the 2nd quarter. NewEdge Advisors LLC now owns 31,914 shares of the company’s stock worth $1,083,000 after acquiring an additional 4,225 shares during the last quarter.
SPDR ICE Preferred Securities ETF Trading Down 1.0 %
Shares of NYSEARCA:PSK traded down $0.33 on Tuesday, hitting $33.35. The company had a trading volume of 53,688 shares, compared to its average volume of 213,664. The firm’s 50-day simple moving average is $34.12 and its two-hundred day simple moving average is $34.52. SPDR ICE Preferred Securities ETF has a 1 year low of $32.68 and a 1 year high of $36.06.
SPDR ICE Preferred Securities ETF Company 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.
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