Rosenberg Matthew Hamilton increased its position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK – Free Report) by 23.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 141,339 shares of the company’s stock after buying an additional 26,729 shares during the quarter. SPDR ICE Preferred Securities ETF accounts for about 0.7% of Rosenberg Matthew Hamilton’s portfolio, making the stock its 22nd biggest holding. Rosenberg Matthew Hamilton owned about 0.63% of SPDR ICE Preferred Securities ETF worth $4,006,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Amicus Financial Advisors LLC acquired a new position in SPDR ICE Preferred Securities ETF during the 4th quarter worth approximately $240,000. WealthPoint Financial LLC acquired a new stake in shares of SPDR ICE Preferred Securities ETF in the fourth quarter valued at approximately $259,000. Fifth Third Bancorp bought a new stake in shares of SPDR ICE Preferred Securities ETF in the first quarter worth $445,000. Cornerstone Financial Group LLC NE lifted its position in shares of SPDR ICE Preferred Securities ETF by 3.7% in the fourth quarter. Cornerstone Financial Group LLC NE now owns 20,111 shares of the company’s stock worth $637,000 after purchasing an additional 719 shares in the last quarter. Finally, Clarus Wealth Advisors acquired a new position in SPDR ICE Preferred Securities ETF during the second quarter worth $732,000.
SPDR ICE Preferred Securities ETF Stock Down 0.3%
SPDR ICE Preferred Securities ETF stock traded down $0.09 during mid-day trading on Monday, reaching $28.27. The company’s stock had a trading volume of 175,621 shares, compared to its average volume of 107,026. SPDR ICE Preferred Securities ETF has a 12 month low of $28.00 and a 12 month high of $33.17. The business’s 50 day simple moving average is $29.47 and its 200 day simple moving average is $30.42.
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.
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