Flow Traders U.S. LLC Makes New Investment in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Flow Traders U.S. LLC bought a new position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK – Get Rating) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 5,749 shares of the company’s stock, valued at approximately $200,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PFS Investments Inc. raised its position in shares of SPDR ICE Preferred Securities ETF by 34.2% in the 3rd quarter. PFS Investments Inc. now owns 887,485 shares of the company’s stock valued at $30,938,000 after purchasing an additional 226,081 shares during the last quarter. Flputnam Investment Management Co. raised its position in shares of SPDR ICE Preferred Securities ETF by 40.3% in the 3rd quarter. Flputnam Investment Management Co. now owns 791,350 shares of the company’s stock valued at $27,586,000 after purchasing an additional 227,479 shares during the last quarter. Royal Bank of Canada raised its position in shares of SPDR ICE Preferred Securities ETF by 2.2% in the 3rd quarter. Royal Bank of Canada now owns 571,224 shares of the company’s stock valued at $19,913,000 after purchasing an additional 12,360 shares during the last quarter. UBS Group AG raised its position in shares of SPDR ICE Preferred Securities ETF by 3.3% in the 1st quarter. UBS Group AG now owns 391,125 shares of the company’s stock valued at $15,258,000 after purchasing an additional 12,604 shares during the last quarter. Finally, Barry Investment Advisors LLC raised its position in SPDR ICE Preferred Securities ETF by 0.3% during the 3rd quarter. Barry Investment Advisors LLC now owns 282,404 shares of the company’s stock worth $9,845,000 after buying an additional 758 shares during the last quarter.

SPDR ICE Preferred Securities ETF Price Performance

PSK opened at $34.51 on Friday. SPDR ICE Preferred Securities ETF has a 12-month low of $32.02 and a 12-month high of $39.04. The firm has a 50 day moving average of $35.55 and a two-hundred day moving average of $34.71.

SPDR ICE Preferred Securities ETF Profile

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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.