SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Sees Unusually-High Trading Volume

SPDR ICE Preferred Securities ETF (NYSEARCA:PSKGet Free Report) shares saw strong trading volume on Tuesday . 386,065 shares changed hands during trading, an increase of 242% from the previous session’s volume of 112,947 shares.The stock last traded at $33.90 and had previously closed at $33.87.

SPDR ICE Preferred Securities ETF Trading Up 0.4 %

The firm’s fifty day moving average price is $33.64 and its 200-day moving average price is $34.08.

Institutional Investors Weigh In On SPDR ICE Preferred Securities ETF

A number of hedge funds and other institutional investors have recently modified their holdings of PSK. Shilanski & Associates Inc. raised its position in SPDR ICE Preferred Securities ETF by 10.6% in the fourth quarter. Shilanski & Associates Inc. now owns 118,474 shares of the company’s stock worth $3,971,000 after acquiring an additional 11,307 shares in the last quarter. Pure Financial Advisors LLC raised its position in SPDR ICE Preferred Securities ETF by 6.9% in the fourth quarter. Pure Financial Advisors LLC now owns 15,227 shares of the company’s stock worth $510,000 after acquiring an additional 981 shares in the last quarter. SignalPoint Asset Management LLC bought a new stake in SPDR ICE Preferred Securities ETF in the first quarter worth about $222,000. UBS Group AG raised its position in SPDR ICE Preferred Securities ETF by 3.3% in the third quarter. UBS Group AG now owns 159,661 shares of the company’s stock worth $5,183,000 after acquiring an additional 5,110 shares in the last quarter. Finally, Falcon Wealth Planning raised its position in SPDR ICE Preferred Securities ETF by 19.7% in the fourth quarter. Falcon Wealth Planning now owns 22,140 shares of the company’s stock worth $742,000 after acquiring an additional 3,642 shares in the last quarter.

SPDR ICE Preferred Securities ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for SPDR ICE Preferred Securities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR ICE Preferred Securities ETF and related companies with MarketBeat.com's FREE daily email newsletter.