Tradewinds Capital Management LLC Sells 23,436 Shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Tradewinds Capital Management LLC reduced its holdings in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 7.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 308,831 shares of the company’s stock after selling 23,436 shares during the period. SPDR ICE Preferred Securities ETF comprises 2.7% of Tradewinds Capital Management LLC’s portfolio, making the stock its 14th biggest position. Tradewinds Capital Management LLC’s holdings in SPDR ICE Preferred Securities ETF were worth $10,188,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Larson Financial Group LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF during the third quarter valued at approximately $31,000. RFG Advisory LLC purchased a new position in SPDR ICE Preferred Securities ETF during the 4th quarter worth $221,000. Thurston Springer Miller Herd & Titak Inc. raised its position in SPDR ICE Preferred Securities ETF by 56.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,982 shares of the company’s stock valued at $230,000 after purchasing an additional 2,532 shares in the last quarter. Clear Creek Financial Management LLC purchased a new stake in shares of SPDR ICE Preferred Securities ETF in the 3rd quarter worth $232,000. Finally, Mayflower Financial Advisors LLC bought a new position in shares of SPDR ICE Preferred Securities ETF during the 4th quarter worth $260,000.

SPDR ICE Preferred Securities ETF Stock Performance

Shares of SPDR ICE Preferred Securities ETF stock opened at $33.37 on Friday. SPDR ICE Preferred Securities ETF has a 12 month low of $32.30 and a 12 month high of $36.06. The stock’s fifty day moving average price is $33.31 and its 200-day moving average price is $34.36.

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.