Rosenberg Matthew Hamilton Cuts Stock Holdings in SPDR ICE Preferred Securities ETF $PSK

Rosenberg Matthew Hamilton trimmed its holdings in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 3.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,989 shares of the company’s stock after selling 1,834 shares during the period. SPDR ICE Preferred Securities ETF comprises approximately 0.4% of Rosenberg Matthew Hamilton’s portfolio, making the stock its 28th largest position. Rosenberg Matthew Hamilton owned about 0.24% of SPDR ICE Preferred Securities ETF worth $1,905,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of PSK. AlphaCore Capital LLC purchased a new stake in shares of SPDR ICE Preferred Securities ETF during the first quarter worth about $64,000. Wayfinding Financial LLC purchased a new stake in shares of SPDR ICE Preferred Securities ETF during the first quarter worth about $86,000. Farther Finance Advisors LLC purchased a new stake in shares of SPDR ICE Preferred Securities ETF during the first quarter worth about $165,000. Fortis Capital Advisors LLC purchased a new stake in shares of SPDR ICE Preferred Securities ETF during the first quarter worth about $201,000. Finally, Checchi Capital Advisers LLC purchased a new stake in shares of SPDR ICE Preferred Securities ETF during the first quarter worth about $208,000.

SPDR ICE Preferred Securities ETF Trading Down 0.1%

SPDR ICE Preferred Securities ETF stock opened at $32.74 on Wednesday. The firm has a 50-day moving average of $32.92 and a 200-day moving average of $32.15. SPDR ICE Preferred Securities ETF has a 1-year low of $30.85 and a 1-year high of $35.90.

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.