Truist Financial Corp Has $4.68 Million Holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Truist Financial Corp increased its stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 4.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 139,584 shares of the company’s stock after buying an additional 6,338 shares during the quarter. Truist Financial Corp owned approximately 0.54% of SPDR ICE Preferred Securities ETF worth $4,679,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Simplex Trading LLC acquired a new stake in shares of SPDR ICE Preferred Securities ETF in the 4th quarter valued at approximately $32,000. Parkside Financial Bank & Trust acquired a new stake in SPDR ICE Preferred Securities ETF during the 4th quarter valued at $74,000. HF Advisory Group LLC lifted its holdings in 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 valued at $232,000 after purchasing an additional 368 shares during the last quarter. SVB Wealth LLC lifted its holdings in SPDR ICE Preferred Securities ETF by 6.8% during the 4th quarter. SVB Wealth LLC now owns 23,132 shares of the company’s stock valued at $775,000 after purchasing an additional 1,465 shares during the last quarter. Finally, Baystate Wealth Management LLC lifted its holdings in 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 valued at $78,000 after purchasing an additional 304 shares during the last quarter.

SPDR ICE Preferred Securities ETF Stock Up 1.2 %

Shares of SPDR ICE Preferred Securities ETF stock opened at $33.89 on Monday. The business has a fifty day simple moving average of $34.36 and a two-hundred day simple moving average of $33.64. SPDR ICE Preferred Securities ETF has a 1 year low of $29.91 and a 1 year 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.