Jane Street Group LLC Cuts Stock Holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Jane Street Group LLC reduced its stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 44.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,233 shares of the company’s stock after selling 8,122 shares during the period. Jane Street Group LLC’s holdings in SPDR ICE Preferred Securities ETF were worth $365,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Crestwood Advisors Group LLC boosted its position in SPDR ICE Preferred Securities ETF by 1.9% in the 3rd quarter. Crestwood Advisors Group LLC now owns 22,821 shares of the company’s stock valued at $814,000 after buying an additional 417 shares during the period. Larson Financial Group LLC purchased a new stake in shares of SPDR ICE Preferred Securities ETF in the 3rd quarter worth approximately $31,000. Mercer Global Advisors Inc. ADV lifted its position in shares of SPDR ICE Preferred Securities ETF by 1.1% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 124,411 shares of the company’s stock worth $4,221,000 after purchasing an additional 1,367 shares during the period. Hilton Capital Management LLC lifted its position in shares of SPDR ICE Preferred Securities ETF by 20.3% in the 3rd quarter. Hilton Capital Management LLC now owns 10,275 shares of the company’s stock worth $366,000 after purchasing an additional 1,735 shares during the period. Finally, Matrix Trust Co bought a new position in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter worth approximately $68,000.

SPDR ICE Preferred Securities ETF Trading Down 0.7 %

NYSEARCA PSK opened at $33.05 on Thursday. SPDR ICE Preferred Securities ETF has a 52 week low of $32.68 and a 52 week high of $36.06. The company has a 50 day moving average price of $34.08 and a 200 day moving average price of $34.52.

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.