Massmutual Trust Co. FSB ADV Sells 191,120 Shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Massmutual Trust Co. FSB ADV lowered its stake in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 99.3% during the first quarter, according to its most recent disclosure with the Securities and 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 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. UBS Group AG increased its holdings in SPDR ICE Preferred Securities ETF by 3.3% in 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 during the period. LPL Financial LLC boosted its stake in shares of SPDR ICE Preferred Securities ETF by 9.0% in the 3rd quarter. LPL Financial LLC now owns 664,341 shares of the company’s stock valued at $21,565,000 after purchasing an additional 54,921 shares in the last quarter. Sharper & Granite LLC boosted its stake in shares of SPDR ICE Preferred Securities ETF by 20.6% in the 3rd quarter. Sharper & Granite LLC now owns 12,895 shares of the company’s stock valued at $419,000 after purchasing an additional 2,200 shares in the last quarter. Crestwood Advisors Group LLC acquired a new stake in shares of SPDR ICE Preferred Securities ETF in the 3rd quarter valued at $477,000. Finally, Financial Insights Inc. acquired a new stake in shares of SPDR ICE Preferred Securities ETF in the 3rd quarter valued at $486,000.

SPDR ICE Preferred Securities ETF Stock Performance

Shares of NYSEARCA:PSK opened at $33.83 on Friday. SPDR ICE Preferred Securities ETF has a 52 week low of $29.91 and a 52 week high of $35.37. The company’s fifty day moving average is $33.62 and its 200-day moving average is $34.07.

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.