Crews Bank & Trust Cuts Position in SPDR ICE Preferred Securities ETF $PSK

Crews Bank & Trust lessened its holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 24.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 138,280 shares of the company’s stock after selling 43,641 shares during the quarter. Crews Bank & Trust owned about 0.57% of SPDR ICE Preferred Securities ETF worth $4,382,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Elevation Capital Advisory LLC purchased a new position in SPDR ICE Preferred Securities ETF in the third quarter worth about $2,503,000. Park Avenue Securities LLC raised its holdings in SPDR ICE Preferred Securities ETF by 13.9% in the third quarter. Park Avenue Securities LLC now owns 528,890 shares of the company’s stock worth $17,490,000 after buying an additional 64,707 shares during the last quarter. Sage Advisory Services Ltd.Co. increased its holdings in shares of SPDR ICE Preferred Securities ETF by 9.3% in the 3rd quarter. Sage Advisory Services Ltd.Co. now owns 362,452 shares of the company’s stock worth $11,986,000 after purchasing an additional 30,963 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of SPDR ICE Preferred Securities ETF by 9.6% in the 3rd quarter. Raymond James Financial Inc. now owns 334,976 shares of the company’s stock worth $11,078,000 after purchasing an additional 29,269 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of SPDR ICE Preferred Securities ETF by 11.9% in the 3rd quarter. Bank of America Corp DE now owns 237,664 shares of the company’s stock worth $7,860,000 after purchasing an additional 25,318 shares in the last quarter.

SPDR ICE Preferred Securities ETF Price Performance

SPDR ICE Preferred Securities ETF stock opened at $30.97 on Tuesday. The stock has a fifty day simple moving average of $31.81 and a two-hundred day simple moving average of $32.18. SPDR ICE Preferred Securities ETF has a 12 month low of $30.70 and a 12 month high of $33.77.

SPDR ICE Preferred Securities ETF 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.