SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Shares Sold by West Wealth Group LLC

West Wealth Group LLC lessened its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 14.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 16,075 shares of the company’s stock after selling 2,635 shares during the quarter. West Wealth Group LLC’s holdings in SPDR ICE Preferred Securities ETF were worth $539,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Financial Counselors Inc. acquired a new position in shares of SPDR ICE Preferred Securities ETF in the 3rd quarter worth approximately $39,574,000. PFS Investments Inc. raised its position in SPDR ICE Preferred Securities ETF by 5.7% during the fourth quarter. PFS Investments Inc. now owns 938,178 shares of the company’s stock valued at $30,791,000 after purchasing an additional 50,693 shares in the last quarter. LPL Financial LLC lifted its stake in shares of SPDR ICE Preferred Securities ETF by 9.0% in the 3rd quarter. LPL Financial LLC now owns 664,341 shares of the company’s stock valued at $21,565,000 after acquiring an additional 54,921 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of SPDR ICE Preferred Securities ETF by 17.6% in the 4th quarter. Wells Fargo & Company MN now owns 632,881 shares of the company’s stock valued at $20,771,000 after buying an additional 94,801 shares during the period. Finally, Bank of America Corp DE lifted its position in SPDR ICE Preferred Securities ETF by 76.1% in the 4th quarter. Bank of America Corp DE now owns 502,023 shares of the company’s stock valued at $16,476,000 after acquiring an additional 216,926 shares in the last quarter.

SPDR ICE Preferred Securities ETF Stock Up 0.3 %

Shares of PSK traded up $0.09 during mid-day trading on Thursday, reaching $35.26. 15,597 shares of the stock traded hands, compared to its average volume of 116,178. The firm has a fifty day moving average price of $34.70 and a 200 day moving average price of $33.27. SPDR ICE Preferred Securities ETF has a 1 year low of $29.91 and a 1 year high of $35.37.

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.