Massmutual Trust Co. FSB ADV Reduces Stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Massmutual Trust Co. FSB ADV lessened its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 99.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,427 shares of the company’s stock after selling 191,120 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in SPDR ICE Preferred Securities ETF were worth $50,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Shilanski & Associates Inc. lifted its stake in shares of SPDR ICE Preferred Securities ETF by 10.6% in the 4th quarter. Shilanski & Associates Inc. now owns 118,474 shares of the company’s stock valued at $3,971,000 after purchasing an additional 11,307 shares during the period. Pure Financial Advisors LLC increased its position in SPDR ICE Preferred Securities ETF by 6.9% during the 4th quarter. Pure Financial Advisors LLC now owns 15,227 shares of the company’s stock valued at $510,000 after buying an additional 981 shares in the last quarter. UBS Group AG increased its position in SPDR ICE Preferred Securities ETF by 3.3% during the 3rd quarter. UBS Group AG now owns 159,661 shares of the company’s stock valued at $5,183,000 after buying an additional 5,110 shares in the last quarter. Falcon Wealth Planning increased its position in SPDR ICE Preferred Securities ETF by 19.7% during the 4th quarter. Falcon Wealth Planning now owns 22,140 shares of the company’s stock valued at $742,000 after buying an additional 3,642 shares in the last quarter. Finally, LPL Financial LLC increased its position in SPDR ICE Preferred Securities ETF by 9.0% during the 3rd quarter. LPL Financial LLC now owns 664,341 shares of the company’s stock valued at $21,565,000 after buying an additional 54,921 shares in the last quarter.

SPDR ICE Preferred Securities ETF Stock Up 0.2 %

PSK stock opened at $33.83 on Friday. SPDR ICE Preferred Securities ETF has a twelve month low of $29.91 and a twelve month high of $35.37. The business has a 50 day moving average of $33.62 and a 200 day moving average of $34.07.

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.