Farther Finance Advisors LLC cut its position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK – Free Report) by 13.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,442 shares of the company’s stock after selling 680 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR ICE Preferred Securities ETF were worth $141,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of PSK. AlphaCore Capital LLC acquired a new position in SPDR ICE Preferred Securities ETF during the 1st quarter worth approximately $64,000. NBC Securities Inc. boosted its position in SPDR ICE Preferred Securities ETF by 214,400.0% during the 1st quarter. NBC Securities Inc. now owns 2,145 shares of the company’s stock worth $69,000 after acquiring an additional 2,144 shares during the last quarter. Wayfinding Financial LLC acquired a new position in SPDR ICE Preferred Securities ETF during the 1st quarter worth approximately $86,000. Fortis Capital Advisors LLC acquired a new position in SPDR ICE Preferred Securities ETF during the 1st quarter worth approximately $201,000. Finally, Checchi Capital Advisers LLC acquired a new position in SPDR ICE Preferred Securities ETF during the 1st quarter worth approximately $208,000.
SPDR ICE Preferred Securities ETF Stock Down 0.1%
NYSEARCA:PSK opened at $33.13 on Friday. SPDR ICE Preferred Securities ETF has a twelve month low of $30.85 and a twelve month high of $35.90. The business has a 50 day moving average price of $32.81 and a two-hundred day moving average price of $32.16.
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.
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