Allworth Financial LP Decreases Holdings in SPDR ICE Preferred Securities ETF $PSK

Allworth Financial LP decreased its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 19.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 125,398 shares of the company’s stock after selling 30,706 shares during the quarter. Allworth Financial LP owned 0.50% of SPDR ICE Preferred Securities ETF worth $3,983,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of PSK. AlphaCore Capital LLC bought a new position in SPDR ICE Preferred Securities ETF during the first quarter valued at approximately $64,000. Fortis Capital Advisors LLC purchased a new stake in shares of SPDR ICE Preferred Securities ETF in the 1st quarter valued at $201,000. Austin Private Wealth LLC grew its holdings in shares of SPDR ICE Preferred Securities ETF by 13.7% during the 2nd quarter. Austin Private Wealth LLC now owns 7,240 shares of the company’s stock valued at $230,000 after purchasing an additional 872 shares during the last quarter. DAVENPORT & Co LLC raised its position in SPDR ICE Preferred Securities ETF by 19.8% in the 2nd quarter. DAVENPORT & Co LLC now owns 8,171 shares of the company’s stock worth $260,000 after purchasing an additional 1,350 shares during the period. Finally, Townsquare Capital LLC raised its position in SPDR ICE Preferred Securities ETF by 10.8% in the 1st quarter. Townsquare Capital LLC now owns 9,761 shares of the company’s stock worth $316,000 after purchasing an additional 954 shares during the period.

SPDR ICE Preferred Securities ETF Price Performance

SPDR ICE Preferred Securities ETF stock opened at $32.50 on Wednesday. The firm has a fifty day simple moving average of $33.00 and a two-hundred day simple moving average of $32.31. SPDR ICE Preferred Securities ETF has a twelve month low of $30.85 and a twelve month high of $34.94.

SPDR ICE Preferred Securities ETF Company 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.