Kestra Private Wealth Services LLC Has $296,000 Stock Holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Kestra Private Wealth Services LLC cut its stake in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 35.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,823 shares of the company’s stock after selling 4,927 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in SPDR ICE Preferred Securities ETF were worth $296,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in PSK. Baystate Wealth Management LLC increased its stake in SPDR ICE Preferred Securities ETF by 15.0% during the 4th quarter. Baystate Wealth Management LLC now owns 2,326 shares of the company’s stock valued at $78,000 after purchasing an additional 304 shares in the last quarter. HF Advisory Group LLC lifted its holdings in SPDR ICE Preferred Securities ETF by 5.6% during the fourth quarter. HF Advisory Group LLC now owns 6,928 shares of the company’s stock valued at $232,000 after purchasing an additional 368 shares during the last quarter. Fifth Third Bancorp purchased a new stake in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter valued at approximately $28,000. Bath Savings Trust Co boosted its holdings in shares of SPDR ICE Preferred Securities ETF by 2.4% in the fourth quarter. Bath Savings Trust Co now owns 37,997 shares of the company’s stock worth $1,274,000 after acquiring an additional 900 shares during the period. Finally, Simplex Trading LLC bought a new position in SPDR ICE Preferred Securities ETF in the 4th quarter worth about $32,000.

SPDR ICE Preferred Securities ETF Stock Down 1.0 %

Shares of NYSEARCA:PSK opened at $33.56 on Thursday. The company has a 50 day moving average of $34.31 and a 200 day moving average of $33.69. SPDR ICE Preferred Securities ETF has a 12 month low of $29.91 and a 12 month high of $35.37.

SPDR ICE Preferred Securities ETF 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.