SPDR ICE Preferred Securities ETF $PSK Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC reduced its holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 4.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 75,966 shares of the company’s stock after selling 3,695 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.30% of SPDR ICE Preferred Securities ETF worth $2,437,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Bank of New York Mellon Corp boosted its holdings in shares of SPDR ICE Preferred Securities ETF by 6.1% in the 1st quarter. Bank of New York Mellon Corp now owns 1,110,466 shares of the company’s stock valued at $35,968,000 after acquiring an additional 63,727 shares during the last quarter. Royal Bank of Canada boosted its holdings in SPDR ICE Preferred Securities ETF by 22.8% during the first quarter. Royal Bank of Canada now owns 986,591 shares of the company’s stock worth $31,955,000 after buying an additional 183,181 shares in the last quarter. CNO Financial Group Inc. purchased a new stake in SPDR ICE Preferred Securities ETF during the first quarter worth $22,673,000. Flputnam Investment Management Co. boosted its holdings in SPDR ICE Preferred Securities ETF by 9.5% during the first quarter. Flputnam Investment Management Co. now owns 628,350 shares of the company’s stock worth $20,352,000 after buying an additional 54,603 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in SPDR ICE Preferred Securities ETF by 13.3% during the first quarter. Envestnet Asset Management Inc. now owns 566,766 shares of the company’s stock worth $18,358,000 after buying an additional 66,590 shares in the last quarter.

SPDR ICE Preferred Securities ETF Stock Performance

NYSEARCA:PSK opened at $33.19 on Friday. The company has a fifty day moving average of $32.72 and a two-hundred day moving average of $32.15. SPDR ICE Preferred Securities ETF has a fifty-two week low of $30.85 and a fifty-two week high of $36.02.

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.