Investors Research Corp Sells 1,236 Shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Investors Research Corp trimmed its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 1.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 94,480 shares of the company’s stock after selling 1,236 shares during the period. SPDR ICE Preferred Securities ETF accounts for approximately 0.7% of Investors Research Corp’s investment portfolio, making the stock its 29th biggest position. Investors Research Corp owned 0.41% of SPDR ICE Preferred Securities ETF worth $3,117,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in SPDR ICE Preferred Securities ETF by 1.4% during the 3rd 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 last quarter. SK Wealth Management LLC bought a new position in SPDR ICE Preferred Securities ETF during the 3rd quarter worth $1,217,000. XML Financial LLC raised its position in SPDR ICE Preferred Securities ETF by 25.4% during the 4th quarter. XML Financial LLC now owns 32,641 shares of the company’s stock worth $1,077,000 after purchasing an additional 6,602 shares during the last quarter. Prospera Financial Services Inc raised its position in SPDR ICE Preferred Securities ETF by 1,293.2% during the 3rd quarter. Prospera Financial Services Inc now owns 87,090 shares of the company’s stock worth $3,105,000 after purchasing an additional 80,839 shares during the last quarter. Finally, Rockefeller Capital Management L.P. bought a new position in SPDR ICE Preferred Securities ETF during the 3rd quarter worth $520,000.

SPDR ICE Preferred Securities ETF Stock Down 0.7 %

Shares of NYSEARCA:PSK opened at $32.90 on Monday. SPDR ICE Preferred Securities ETF has a 12-month low of $32.30 and a 12-month high of $36.06. The business has a fifty day simple moving average of $33.34 and a 200 day simple moving average of $34.30.

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.