JPMorgan Chase & Co. Has $2.29 Million Holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

JPMorgan Chase & Co. lifted its holdings in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 1.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 64,122 shares of the company’s stock after purchasing an additional 882 shares during the period. JPMorgan Chase & Co. owned 0.28% of SPDR ICE Preferred Securities ETF worth $2,287,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of PSK. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR ICE Preferred Securities ETF by 133.2% during the second quarter. Envestnet Asset Management Inc. now owns 314,732 shares of the company’s stock worth $10,679,000 after purchasing an additional 179,783 shares during the period. Elevation Capital Advisory LLC acquired a new position in SPDR ICE Preferred Securities ETF in the second quarter valued at $2,931,000. NewEdge Advisors LLC lifted its holdings in SPDR ICE Preferred Securities ETF by 15.3% in the second quarter. NewEdge Advisors LLC now owns 31,914 shares of the company’s stock valued at $1,083,000 after buying an additional 4,225 shares during the period. Truist Financial Corp lifted its holdings in SPDR ICE Preferred Securities ETF by 35.2% in the second quarter. Truist Financial Corp now owns 189,781 shares of the company’s stock valued at $6,439,000 after buying an additional 49,426 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in SPDR ICE Preferred Securities ETF by 137.7% in the second quarter. Cetera Investment Advisers now owns 64,216 shares of the company’s stock valued at $2,179,000 after buying an additional 37,201 shares during the period.

SPDR ICE Preferred Securities ETF Stock Performance

PSK stock opened at $33.74 on Wednesday. SPDR ICE Preferred Securities ETF has a 12-month low of $32.30 and a 12-month high of $36.06. The company’s fifty day simple moving average is $33.72 and its 200 day simple moving average is $34.46.

SPDR ICE Preferred Securities ETF 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.