Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) Shares Acquired by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC lifted its holdings in Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) by 3.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 35,921 shares of the company’s stock after acquiring an additional 1,341 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Principal Spectrum Preferred Securities Active ETF were worth $668,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in PREF. PSI Advisors LLC lifted its position in shares of Principal Spectrum Preferred Securities Active ETF by 1.3% in the fourth quarter. PSI Advisors LLC now owns 217,448 shares of the company’s stock worth $4,047,000 after buying an additional 2,723 shares during the last quarter. Ehrlich Financial Group lifted its stake in shares of Principal Spectrum Preferred Securities Active ETF by 9.5% in the fourth quarter. Ehrlich Financial Group now owns 14,940 shares of the company’s stock valued at $278,000 after buying an additional 1,296 shares during the period. Fiduciary Alliance LLC increased its position in shares of Principal Spectrum Preferred Securities Active ETF by 14.0% during the fourth quarter. Fiduciary Alliance LLC now owns 85,843 shares of the company’s stock valued at $1,598,000 after purchasing an additional 10,541 shares during the period. First Citizens Financial Corp raised its stake in shares of Principal Spectrum Preferred Securities Active ETF by 2.5% in the 4th quarter. First Citizens Financial Corp now owns 52,609 shares of the company’s stock valued at $979,000 after buying an additional 1,270 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Principal Spectrum Preferred Securities Active ETF by 1,395.0% during the third quarter. JPMorgan Chase & Co. now owns 40,903 shares of the company’s stock valued at $769,000 after purchasing an additional 38,167 shares in the last quarter.

Principal Spectrum Preferred Securities Active ETF Trading Up 0.1 %

Principal Spectrum Preferred Securities Active ETF stock opened at $18.63 on Tuesday. Principal Spectrum Preferred Securities Active ETF has a 52-week low of $17.60 and a 52-week high of $18.84. The stock has a fifty day moving average price of $18.68 and a two-hundred day moving average price of $18.59.

Principal Spectrum Preferred Securities Active ETF Profile

The Principal Spectrum Preferred Securities Active ETF (PREF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a primary focus on $1,000 par preferred securities. PREF was launched on Jul 10, 2017 and is managed by Principal.