Private Advisor Group LLC Has $1.48 Million Holdings in Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF)

Private Advisor Group LLC lessened its stake in Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREFFree Report) by 8.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,299 shares of the company’s stock after selling 7,418 shares during the quarter. Private Advisor Group LLC owned about 0.17% of Principal Spectrum Preferred Securities Active ETF worth $1,476,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PREF. Johnson Financial Group Inc. acquired a new stake in Principal Spectrum Preferred Securities Active ETF in the 4th quarter valued at about $43,000. Private Ocean LLC acquired a new stake in Principal Spectrum Preferred Securities Active ETF in the 1st quarter valued at about $45,000. Pinnacle Bancorp Inc. acquired a new stake in Principal Spectrum Preferred Securities Active ETF in the 1st quarter valued at about $51,000. SouthState Corp acquired a new stake in Principal Spectrum Preferred Securities Active ETF in the 4th quarter valued at about $75,000. Finally, Private Trust Co. NA boosted its stake in shares of Principal Spectrum Preferred Securities Active ETF by 127.8% in the 4th quarter. Private Trust Co. NA now owns 7,508 shares of the company’s stock valued at $131,000 after purchasing an additional 4,212 shares during the last quarter.

Principal Spectrum Preferred Securities Active ETF Stock Up 0.2 %

Shares of NYSEARCA PREF opened at $18.30 on Thursday. Principal Spectrum Preferred Securities Active ETF has a 1 year low of $16.30 and a 1 year high of $18.34. The firm’s 50-day moving average is $18.21 and its 200-day moving average is $17.96.

Principal Spectrum Preferred Securities Active ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF)

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