2,200 Shares in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Purchased by Parkside Financial Bank & Trust

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

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Baystate Wealth Management LLC grew its position in shares of SPDR ICE Preferred Securities ETF by 15.0% during the 4th quarter. Baystate Wealth Management LLC now owns 2,326 shares of the company’s stock worth $78,000 after buying an additional 304 shares during the period. HF Advisory Group LLC grew its position in shares of SPDR ICE Preferred Securities ETF by 5.6% during the 4th quarter. HF Advisory Group LLC now owns 6,928 shares of the company’s stock worth $232,000 after buying an additional 368 shares during the period. Fifth Third Bancorp acquired a new position in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter worth about $28,000. Bath Savings Trust Co grew its position in shares of SPDR ICE Preferred Securities ETF by 2.4% during the 4th quarter. Bath Savings Trust Co now owns 37,997 shares of the company’s stock worth $1,274,000 after buying an additional 900 shares during the period. Finally, Pure Financial Advisors LLC grew its position in shares of SPDR ICE Preferred Securities ETF by 6.9% during the 4th quarter. Pure Financial Advisors LLC now owns 15,227 shares of the company’s stock worth $510,000 after buying an additional 981 shares during the period.

SPDR ICE Preferred Securities ETF Trading Down 1.2 %

Shares of PSK opened at $33.49 on Friday. The stock has a 50 day simple moving average of $34.50 and a 200 day simple moving average of $33.50. SPDR ICE Preferred Securities ETF has a 52-week low of $29.91 and a 52-week high of $35.37.

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.