Principal Spectrum Preferred Securities Active ETF (BATS:PREF) Shares Acquired by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Principal Spectrum Preferred Securities Active ETF (BATS:PREF – Get Rating) by 39.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 218,227 shares of the company’s stock after buying an additional 61,462 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Principal Spectrum Preferred Securities Active ETF were worth $3,734,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in PREF. Raymond James & Associates raised its stake in Principal Spectrum Preferred Securities Active ETF by 32.5% in the 4th quarter. Raymond James & Associates now owns 185,851 shares of the company’s stock valued at $3,180,000 after purchasing an additional 45,630 shares during the last quarter. UBS Group AG increased its stake in shares of Principal Spectrum Preferred Securities Active ETF by 13.1% in the 4th quarter. UBS Group AG now owns 917,749 shares of the company’s stock worth $15,703,000 after acquiring an additional 106,184 shares during the last quarter. Orion Portfolio Solutions LLC increased its stake in shares of Principal Spectrum Preferred Securities Active ETF by 112.3% in the 4th quarter. Orion Portfolio Solutions LLC now owns 31,752 shares of the company’s stock worth $543,000 after acquiring an additional 16,795 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Principal Spectrum Preferred Securities Active ETF by 770.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 272,903 shares of the company’s stock worth $4,669,000 after purchasing an additional 241,559 shares during the period. Finally, Benjamin Edwards Inc. grew its holdings in shares of Principal Spectrum Preferred Securities Active ETF by 1.0% during the 4th quarter. Benjamin Edwards Inc. now owns 94,872 shares of the company’s stock worth $1,623,000 after purchasing an additional 946 shares during the period.

Principal Spectrum Preferred Securities Active ETF Trading Down 0.4 %

BATS PREF opened at $16.51 on Friday. The stock has a fifty day simple moving average of $16.71 and a 200-day simple moving average of $17.14. Principal Spectrum Preferred Securities Active ETF has a twelve month low of $98.13 and a twelve month high of $101.54.

Principal Spectrum Preferred Securities Active ETF Company Profile

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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.