PFG Investments LLC Buys Shares of 12,715 SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

PFG Investments LLC bought a new position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 12,715 shares of the company’s stock, valued at approximately $453,000.

Other institutional investors also recently modified their holdings of the company. Matrix Trust Co acquired a new stake in shares of SPDR ICE Preferred Securities ETF in the 3rd quarter valued at approximately $68,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of SPDR ICE Preferred Securities ETF during the second quarter worth $76,000. International Assets Investment Management LLC acquired a new position in shares of SPDR ICE Preferred Securities ETF in the 2nd quarter valued at $117,000. Financial Advocates Investment Management grew its holdings in shares of SPDR ICE Preferred Securities ETF by 13.4% in the 2nd quarter. Financial Advocates Investment Management now owns 10,488 shares of the company’s stock valued at $356,000 after buying an additional 1,242 shares during the period. Finally, US Bancorp DE increased its position in shares of SPDR ICE Preferred Securities ETF by 142.6% in the 1st quarter. US Bancorp DE now owns 13,806 shares of the company’s stock valued at $481,000 after buying an additional 8,116 shares in the last quarter.

SPDR ICE Preferred Securities ETF Stock Up 0.1 %

Shares of SPDR ICE Preferred Securities ETF stock opened at $35.02 on Wednesday. SPDR ICE Preferred Securities ETF has a 12 month low of $30.40 and a 12 month high of $36.06. The stock’s fifty day simple moving average is $35.35 and its 200 day simple moving average is $34.35.

About SPDR ICE Preferred Securities ETF

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.