SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Shares Purchased by First Trust Advisors LP

First Trust Advisors LP grew its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 5.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 52,107 shares of the company’s stock after acquiring an additional 2,755 shares during the quarter. First Trust Advisors LP owned about 0.22% of SPDR ICE Preferred Securities ETF worth $1,719,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Wells Fargo & Company MN grew its stake in shares of SPDR ICE Preferred Securities ETF by 4.1% in the 4th quarter. Wells Fargo & Company MN now owns 852,411 shares of the company’s stock valued at $28,121,000 after purchasing an additional 33,227 shares during the last quarter. Flputnam Investment Management Co. grew its position in SPDR ICE Preferred Securities ETF by 5.4% in the 4th quarter. Flputnam Investment Management Co. now owns 573,747 shares of the company’s stock valued at $18,928,000 after buying an additional 29,243 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in SPDR ICE Preferred Securities ETF by 2.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 500,176 shares of the company’s stock valued at $16,501,000 after buying an additional 9,676 shares during the period. Atlas Private Wealth Advisors raised its position in SPDR ICE Preferred Securities ETF by 3.2% during the 4th quarter. Atlas Private Wealth Advisors now owns 461,256 shares of the company’s stock worth $15,217,000 after buying an additional 14,090 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its stake in shares of SPDR ICE Preferred Securities ETF by 13.3% in the 4th quarter. Park Avenue Securities LLC now owns 417,139 shares of the company’s stock worth $13,761,000 after acquiring an additional 49,045 shares during the period.

SPDR ICE Preferred Securities ETF Trading Up 0.8 %

Shares of SPDR ICE Preferred Securities ETF stock opened at $31.74 on Wednesday. SPDR ICE Preferred Securities ETF has a 52-week low of $30.85 and a 52-week high of $36.06. The company’s 50-day simple moving average is $32.27 and its 200-day simple moving average is $33.32.

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.