SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Shares Acquired by Long Run Wealth Advisors LLC

Long Run Wealth Advisors LLC increased its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 8.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 164,574 shares of the company’s stock after acquiring an additional 13,198 shares during the quarter. SPDR ICE Preferred Securities ETF accounts for approximately 1.3% of Long Run Wealth Advisors LLC’s holdings, making the stock its 20th largest holding. Long Run Wealth Advisors LLC’s holdings in SPDR ICE Preferred Securities ETF were worth $5,429,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Atlas Private Wealth Advisors lifted its stake in SPDR ICE Preferred Securities ETF by 210.3% in the 3rd quarter. Atlas Private Wealth Advisors now owns 447,166 shares of the company’s stock valued at $15,947,000 after buying an additional 303,036 shares in the last quarter. Crews Bank & Trust purchased a new stake in SPDR ICE Preferred Securities ETF in the 4th quarter valued at approximately $9,589,000. ST Germain D J Co. Inc. lifted its stake in SPDR ICE Preferred Securities ETF by 81.1% in the 4th quarter. ST Germain D J Co. Inc. now owns 233,536 shares of the company’s stock valued at $7,704,000 after buying an additional 104,560 shares in the last quarter. Prospera Financial Services Inc lifted its stake in SPDR ICE Preferred Securities ETF by 1,293.2% in the 3rd quarter. Prospera Financial Services Inc now owns 87,090 shares of the company’s stock valued at $3,105,000 after buying an additional 80,839 shares in the last quarter. Finally, Raymond James & Associates lifted its stake in SPDR ICE Preferred Securities ETF by 62.6% in the 3rd quarter. Raymond James & Associates now owns 191,324 shares of the company’s stock valued at $6,823,000 after buying an additional 73,689 shares in the last quarter.

SPDR ICE Preferred Securities ETF Stock Up 1.1 %

PSK stock opened at $33.46 on Thursday. SPDR ICE Preferred Securities ETF has a 1 year low of $32.30 and a 1 year high of $36.06. The stock’s 50 day moving average price is $33.51 and its 200 day moving average price is $34.41.

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.