Wealthfront Advisers LLC Buys 1,171 Shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Wealthfront Advisers LLC boosted its holdings in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 13.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,883 shares of the company’s stock after buying an additional 1,171 shares during the period. Wealthfront Advisers LLC’s holdings in SPDR ICE Preferred Securities ETF were worth $326,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Larson Financial Group LLC bought a new stake in SPDR ICE Preferred Securities ETF during the third quarter valued at $31,000. Rialto Wealth Management LLC bought a new stake in SPDR ICE Preferred Securities ETF during the fourth quarter valued at $36,000. Independent Advisor Alliance bought a new stake in SPDR ICE Preferred Securities ETF during the fourth quarter worth about $219,000. RFG Advisory LLC bought a new stake in SPDR ICE Preferred Securities ETF during the fourth quarter worth about $221,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in SPDR ICE Preferred Securities ETF by 56.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,982 shares of the company’s stock worth $230,000 after purchasing an additional 2,532 shares during the last quarter.

SPDR ICE Preferred Securities ETF Stock Up 0.3 %

Shares of PSK stock opened at $33.11 on Tuesday. The business has a 50-day moving average price of $33.29 and a two-hundred day moving average price of $34.23. SPDR ICE Preferred Securities ETF has a 12-month low of $32.30 and a 12-month high of $36.06.

SPDR ICE Preferred Securities ETF Company 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.