95,901 Shares in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Bought by International Assets Investment Management LLC

International Assets Investment Management LLC acquired a new stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 95,901 shares of the company’s stock, valued at approximately $3,215,000.

Other large investors have also modified their holdings of the company. Fifth Third Bancorp acquired a new position in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter worth approximately $28,000. IMA Wealth Inc. acquired a new position in SPDR ICE Preferred Securities ETF during the first quarter worth $36,000. Belpointe Asset Management LLC lifted its holdings in SPDR ICE Preferred Securities ETF by 680.3% during the first quarter. Belpointe Asset Management LLC now owns 1,147 shares of the company’s stock valued at $39,000 after purchasing an additional 1,000 shares in the last quarter. Qube Research & Technologies Ltd grew its position in shares of SPDR ICE Preferred Securities ETF by 79,300.0% in the third quarter. Qube Research & Technologies Ltd now owns 1,588 shares of the company’s stock valued at $52,000 after purchasing an additional 1,586 shares during the period. Finally, NBC Securities Inc. purchased a new stake in shares of SPDR ICE Preferred Securities ETF during the third quarter worth about $60,000.

SPDR ICE Preferred Securities ETF Stock Performance

PSK opened at $33.15 on Thursday. SPDR ICE Preferred Securities ETF has a twelve month low of $29.91 and a twelve month high of $35.37. The company has a 50-day moving average price of $34.61 and a 200 day moving average price of $33.42.

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.