Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) Shares Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. grew its holdings in Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) by 1.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 95,423 shares of the company’s stock after purchasing an additional 1,444 shares during the period. Rockefeller Capital Management L.P.’s holdings in Principal Spectrum Preferred Securities Active ETF were worth $1,776,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Compass Financial Services Inc purchased a new stake in Principal Spectrum Preferred Securities Active ETF in the 4th quarter valued at about $118,000. Stonebridge Financial Group LLC purchased a new stake in shares of Principal Spectrum Preferred Securities Active ETF in the 4th quarter valued at approximately $154,000. IFP Advisors Inc lifted its holdings in shares of Principal Spectrum Preferred Securities Active ETF by 496.8% in the 4th quarter. IFP Advisors Inc now owns 9,483 shares of the company’s stock worth $176,000 after acquiring an additional 7,894 shares during the last quarter. Bank of Jackson Hole Trust purchased a new position in shares of Principal Spectrum Preferred Securities Active ETF during the 4th quarter worth approximately $188,000. Finally, Ehrlich Financial Group increased its holdings in Principal Spectrum Preferred Securities Active ETF by 9.5% in the 4th quarter. Ehrlich Financial Group now owns 14,940 shares of the company’s stock valued at $278,000 after purchasing an additional 1,296 shares during the last quarter.

Principal Spectrum Preferred Securities Active ETF Price Performance

Shares of NYSEARCA PREF opened at $18.41 on Monday. Principal Spectrum Preferred Securities Active ETF has a 52-week low of $17.81 and a 52-week high of $18.87. The business’s 50 day moving average is $18.61 and its two-hundred day moving average is $18.66.

About Principal Spectrum Preferred Securities Active ETF

The Principal Spectrum Preferred Securities Active ETF (PREF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a primary focus on $1,000 par preferred securities. PREF was launched on Jul 10, 2017 and is managed by Principal.