Greenberg Financial Group acquired a new stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 21,300 shares of the company’s stock, valued at approximately $675,000. Greenberg Financial Group owned approximately 0.09% of SPDR ICE Preferred Securities ETF at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PSK. AE Wealth Management LLC grew its holdings in SPDR ICE Preferred Securities ETF by 111.4% in the 3rd quarter. AE Wealth Management LLC now owns 1,300 shares of the company’s stock valued at $43,000 after buying an additional 685 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in SPDR ICE Preferred Securities ETF by 287.2% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,789 shares of the company’s stock valued at $57,000 after buying an additional 1,327 shares in the last quarter. WFA of San Diego LLC acquired a new position in SPDR ICE Preferred Securities ETF in the 2nd quarter valued at $84,000. Franklin Resources Inc. acquired a new position in SPDR ICE Preferred Securities ETF in the 2nd quarter valued at $143,000. Finally, Farther Finance Advisors LLC grew its holdings in SPDR ICE Preferred Securities ETF by 12.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,006 shares of the company’s stock valued at $166,000 after buying an additional 564 shares in the last quarter.
SPDR ICE Preferred Securities ETF Stock Up 0.8%
Shares of NYSEARCA PSK opened at $31.22 on Thursday. SPDR ICE Preferred Securities ETF has a one year low of $30.70 and a one year high of $33.77. The stock’s fifty day moving average price is $31.75 and its two-hundred day moving average price is $32.15.
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.
Further Reading
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