World Investment Advisors Purchases 2,157 Shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

World Investment Advisors increased its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 8.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 27,763 shares of the company’s stock after buying an additional 2,157 shares during the quarter. World Investment Advisors’ holdings in SPDR ICE Preferred Securities ETF were worth $916,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Rialto Wealth Management LLC acquired a new position in shares of SPDR ICE Preferred Securities ETF during the fourth quarter valued at about $36,000. Independent Advisor Alliance bought a new position in SPDR ICE Preferred Securities ETF in the 4th quarter valued at about $219,000. RFG Advisory LLC acquired a new position in SPDR ICE Preferred Securities ETF during the 4th quarter valued at about $221,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings 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 worth $230,000 after purchasing an additional 2,532 shares in the last quarter. Finally, Mayflower Financial Advisors LLC purchased a new stake in shares of SPDR ICE Preferred Securities ETF in the fourth quarter worth approximately $260,000.

SPDR ICE Preferred Securities ETF Stock Down 0.8 %

Shares of NYSEARCA:PSK opened at $31.68 on Monday. The business’s 50 day moving average is $33.12 and its 200 day moving average is $33.96. SPDR ICE Preferred Securities ETF has a 12-month low of $31.41 and a 12-month high of $36.06.

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.