Fulton Breakefield Broenniman LLC Sells 1,314 Shares of SPDR ICE Preferred Securities ETF $PSK

Fulton Breakefield Broenniman LLC reduced its stake in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 3.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,617 shares of the company’s stock after selling 1,314 shares during the quarter. Fulton Breakefield Broenniman LLC’s holdings in SPDR ICE Preferred Securities ETF were worth $1,099,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Wealthcare Advisory Partners LLC lifted its holdings in SPDR ICE Preferred Securities ETF by 1.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 38,194 shares of the company’s stock valued at $1,213,000 after buying an additional 448 shares during the period. Comerica Bank lifted its holdings in SPDR ICE Preferred Securities ETF by 4.9% in the first quarter. Comerica Bank now owns 9,966 shares of the company’s stock valued at $323,000 after buying an additional 465 shares during the period. Synovus Financial Corp lifted its holdings in SPDR ICE Preferred Securities ETF by 2.9% in the first quarter. Synovus Financial Corp now owns 21,223 shares of the company’s stock valued at $687,000 after buying an additional 601 shares during the period. Sowell Financial Services LLC lifted its holdings in SPDR ICE Preferred Securities ETF by 4.3% in the second quarter. Sowell Financial Services LLC now owns 16,010 shares of the company’s stock valued at $508,000 after buying an additional 656 shares during the period. Finally, Townsquare Capital LLC lifted its holdings in SPDR ICE Preferred Securities ETF by 10.8% in the first quarter. Townsquare Capital LLC now owns 9,761 shares of the company’s stock valued at $316,000 after buying an additional 954 shares during the period.

SPDR ICE Preferred Securities ETF Stock Performance

Shares of NYSEARCA PSK opened at $32.99 on Thursday. The company’s 50 day simple moving average is $32.89 and its 200 day simple moving average is $32.16. SPDR ICE Preferred Securities ETF has a fifty-two week low of $30.85 and a fifty-two week high of $35.90.

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.