Treynor Bancshares Inc. Sells 15,910 Shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Treynor Bancshares Inc. trimmed its position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 63.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,075 shares of the company’s stock after selling 15,910 shares during the period. Treynor Bancshares Inc.’s holdings in SPDR ICE Preferred Securities ETF were worth $308,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of PSK. XML Financial LLC raised its position in SPDR ICE Preferred Securities ETF by 2.6% during the 2nd quarter. XML Financial LLC now owns 26,319 shares of the company’s stock valued at $893,000 after purchasing an additional 659 shares during the last quarter. Pure Financial Advisors LLC raised its holdings in shares of SPDR ICE Preferred Securities ETF by 5.3% during the second quarter. Pure Financial Advisors LLC now owns 14,910 shares of the company’s stock valued at $506,000 after acquiring an additional 747 shares in the last quarter. Financial Advocates Investment Management lifted its stake in SPDR ICE Preferred Securities ETF by 13.4% in the second quarter. Financial Advocates Investment Management now owns 10,488 shares of the company’s stock worth $356,000 after acquiring an additional 1,242 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in SPDR ICE Preferred Securities ETF by 1.1% in the second quarter. Mercer Global Advisors Inc. ADV now owns 124,411 shares of the company’s stock valued at $4,221,000 after acquiring an additional 1,367 shares in the last quarter. Finally, McAdam LLC increased its position in SPDR ICE Preferred Securities ETF by 5.4% during the 2nd quarter. McAdam LLC now owns 36,321 shares of the company’s stock valued at $1,232,000 after purchasing an additional 1,876 shares during the period.

SPDR ICE Preferred Securities ETF Stock Down 0.1 %

NYSEARCA:PSK opened at $35.91 on Tuesday. The company has a 50-day moving average price of $34.61 and a 200-day moving average price of $34.22. SPDR ICE Preferred Securities ETF has a 12 month low of $29.91 and a 12 month high of $36.00.

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.