Farther Finance Advisors LLC Acquires New Position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Farther Finance Advisors LLC acquired a new stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,122 shares of the company’s stock, valued at approximately $165,000.

A number of other institutional investors have also recently bought and sold shares of PSK. Park Avenue Securities LLC lifted its stake in SPDR ICE Preferred Securities ETF by 11.6% in the first quarter. Park Avenue Securities LLC now owns 465,468 shares of the company’s stock valued at $15,077,000 after buying an additional 48,329 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its stake in SPDR ICE Preferred Securities ETF by 39.7% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 9,752 shares of the company’s stock worth $316,000 after acquiring an additional 2,770 shares during the last quarter. Matrix Trust Co grew its holdings in SPDR ICE Preferred Securities ETF by 40.8% during the first quarter. Matrix Trust Co now owns 22,999 shares of the company’s stock valued at $745,000 after purchasing an additional 6,666 shares during the period. Long Run Wealth Advisors LLC increased its stake in SPDR ICE Preferred Securities ETF by 12.5% in the first quarter. Long Run Wealth Advisors LLC now owns 185,124 shares of the company’s stock valued at $5,996,000 after purchasing an additional 20,550 shares in the last quarter. Finally, CGN Advisors LLC raised its holdings in SPDR ICE Preferred Securities ETF by 32.2% in the first quarter. CGN Advisors LLC now owns 21,890 shares of the company’s stock worth $709,000 after purchasing an additional 5,337 shares during the period.

SPDR ICE Preferred Securities ETF Price Performance

Shares of NYSEARCA PSK opened at $31.54 on Friday. SPDR ICE Preferred Securities ETF has a twelve month low of $30.85 and a twelve month high of $36.06. The company’s fifty day moving average is $31.56 and its 200-day moving average is $32.61.

About SPDR ICE Preferred Securities ETF

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.