SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Shares Sold by Falcon Wealth Planning

Falcon Wealth Planning cut its stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 59.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,177 shares of the company’s stock after selling 8,910 shares during the period. Falcon Wealth Planning’s holdings in SPDR ICE Preferred Securities ETF were worth $204,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. raised its stake in SPDR ICE Preferred Securities ETF by 1.4% during the third quarter. JPMorgan Chase & Co. now owns 64,122 shares of the company’s stock worth $2,287,000 after purchasing an additional 882 shares during the period. Park Avenue Securities LLC boosted its holdings in SPDR ICE Preferred Securities ETF by 10.6% in the third quarter. Park Avenue Securities LLC now owns 368,094 shares of the company’s stock valued at $13,126,000 after acquiring an additional 35,267 shares during the last quarter. Raymond James & Associates boosted its holdings in SPDR ICE Preferred Securities ETF by 62.6% in the third quarter. Raymond James & Associates now owns 191,324 shares of the company’s stock valued at $6,823,000 after acquiring an additional 73,689 shares during the last quarter. Financial Advocates Investment Management grew its position in SPDR ICE Preferred Securities ETF by 46.5% during the third quarter. Financial Advocates Investment Management now owns 15,363 shares of the company’s stock valued at $548,000 after acquiring an additional 4,875 shares during the period. Finally, SK Wealth Management LLC acquired a new stake in SPDR ICE Preferred Securities ETF during the third quarter worth about $1,217,000.

SPDR ICE Preferred Securities ETF Stock Down 0.6 %

NYSEARCA PSK opened at $33.80 on Wednesday. SPDR ICE Preferred Securities ETF has a 1-year low of $32.30 and a 1-year high of $36.06. The business’s 50-day simple moving average is $33.63 and its 200-day simple moving average is $34.45.

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.