SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Shares Sold by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC cut its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 35.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,823 shares of the company’s stock after selling 4,927 shares during the period. Kestra Private Wealth Services LLC’s holdings in SPDR ICE Preferred Securities ETF were worth $296,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of PSK. Fifth Third Bancorp acquired a new position in SPDR ICE Preferred Securities ETF during the third quarter worth approximately $28,000. Simplex Trading LLC purchased a new stake in shares of SPDR ICE Preferred Securities ETF in the fourth quarter valued at $32,000. NBC Securities Inc. acquired a new position in SPDR ICE Preferred Securities ETF during the third quarter worth approximately $60,000. Parkside Financial Bank & Trust acquired a new stake in SPDR ICE Preferred Securities ETF during the fourth quarter worth about $74,000. Finally, Baystate Wealth Management LLC increased its position in shares of SPDR ICE Preferred Securities ETF by 15.0% in the fourth quarter. Baystate Wealth Management LLC now owns 2,326 shares of the company’s stock worth $78,000 after acquiring an additional 304 shares in the last quarter.

SPDR ICE Preferred Securities ETF Trading Down 1.0 %

Shares of NYSEARCA:PSK opened at $33.56 on Thursday. SPDR ICE Preferred Securities ETF has a one year low of $29.91 and a one year high of $35.37. The business’s 50-day simple moving average is $34.31 and its 200 day simple moving average is $33.69.

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.