Stratos Wealth Partners LTD. Sells 1,297 Shares of SPDR ICE Preferred Securities ETF $PSK

Stratos Wealth Partners LTD. lowered its holdings in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 16.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,370 shares of the company’s stock after selling 1,297 shares during the period. Stratos Wealth Partners LTD.’s holdings in SPDR ICE Preferred Securities ETF were worth $202,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. AlphaCore Capital LLC bought a new position in shares of SPDR ICE Preferred Securities ETF during the 1st quarter worth about $64,000. Wayfinding Financial LLC acquired a new position in SPDR ICE Preferred Securities ETF in the first quarter worth about $86,000. Fortis Capital Advisors LLC bought a new position in SPDR ICE Preferred Securities ETF during the first quarter worth about $201,000. Checchi Capital Advisers LLC acquired a new stake in SPDR ICE Preferred Securities ETF during the first quarter valued at approximately $208,000. Finally, DAVENPORT & Co LLC boosted its holdings in SPDR ICE Preferred Securities ETF by 19.8% during the second quarter. DAVENPORT & Co LLC now owns 8,171 shares of the company’s stock valued at $260,000 after purchasing an additional 1,350 shares in the last quarter.

SPDR ICE Preferred Securities ETF Trading Up 0.2%

PSK stock opened at $33.00 on Monday. SPDR ICE Preferred Securities ETF has a 1-year low of $30.85 and a 1-year high of $35.39. The business’s 50 day moving average is $33.02 and its 200-day moving average is $32.22.

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.