Steward Partners Investment Advisory LLC Purchases 15,722 Shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Steward Partners Investment Advisory LLC raised its position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 988.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,313 shares of the company’s stock after acquiring an additional 15,722 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in SPDR ICE Preferred Securities ETF were worth $571,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in shares of 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 in the last quarter. SK Wealth Management LLC bought a new position in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter worth about $1,217,000. XML Financial LLC boosted its position in shares of 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 in the last quarter. Prospera Financial Services Inc boosted its position in shares of 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 in the last quarter. Finally, Rockefeller Capital Management L.P. bought a new position in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter worth about $520,000.

SPDR ICE Preferred Securities ETF Price Performance

PSK stock opened at $32.69 on Wednesday. The company’s 50-day moving average is $33.33 and its 200-day moving average is $34.29. SPDR ICE Preferred Securities ETF has a 1 year low of $32.30 and a 1 year high of $36.06.

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.