SPDR ICE Preferred Securities ETF $PSK Shares Sold by Midwest Trust Co

Midwest Trust Co cut its position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 18.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 110,928 shares of the company’s stock after selling 25,124 shares during the period. Midwest Trust Co owned 0.48% of SPDR ICE Preferred Securities ETF worth $3,421,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its position in shares of SPDR ICE Preferred Securities ETF by 0.8% in the fourth quarter. Royal Bank of Canada now owns 901,400 shares of the company’s stock worth $28,566,000 after acquiring an additional 7,186 shares during the period. UBS Group AG boosted its stake in shares of SPDR ICE Preferred Securities ETF by 142.9% during the 4th quarter. UBS Group AG now owns 650,656 shares of the company’s stock worth $20,619,000 after acquiring an additional 382,777 shares in the last quarter. LPL Financial LLC grew its position in shares of SPDR ICE Preferred Securities ETF by 2.8% during the 4th quarter. LPL Financial LLC now owns 477,119 shares of the company’s stock valued at $15,120,000 after acquiring an additional 12,919 shares during the period. Raymond James Financial Inc. grew its position in shares of SPDR ICE Preferred Securities ETF by 9.6% during the 3rd quarter. Raymond James Financial Inc. now owns 334,976 shares of the company’s stock valued at $11,078,000 after acquiring an additional 29,269 shares during the period. Finally, Bank of America Corp DE increased its stake in shares of SPDR ICE Preferred Securities ETF by 11.9% in the 3rd quarter. Bank of America Corp DE now owns 237,664 shares of the company’s stock valued at $7,860,000 after purchasing an additional 25,318 shares in the last quarter.

SPDR ICE Preferred Securities ETF Stock Performance

Shares of SPDR ICE Preferred Securities ETF stock opened at $30.39 on Tuesday. SPDR ICE Preferred Securities ETF has a twelve month low of $30.33 and a twelve month high of $33.77. The business has a 50-day moving average price of $30.82 and a 200 day moving average price of $31.46.

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.