Sanctuary Advisors LLC Sells 1,901 Shares of Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF)

Sanctuary Advisors LLC lessened its position in shares of Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) by 3.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,100 shares of the company’s stock after selling 1,901 shares during the quarter. Sanctuary Advisors LLC owned about 0.13% of Principal Spectrum Preferred Securities Active ETF worth $1,145,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Principal Financial Group Inc. raised its position in Principal Spectrum Preferred Securities Active ETF by 13.6% during the third quarter. Principal Financial Group Inc. now owns 111,581 shares of the company’s stock valued at $2,099,000 after purchasing an additional 13,338 shares during the period. US Bancorp DE bought a new position in shares of Principal Spectrum Preferred Securities Active ETF during the 3rd quarter valued at approximately $30,000. JPMorgan Chase & Co. raised its holdings in Principal Spectrum Preferred Securities Active ETF by 1,395.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 40,903 shares of the company’s stock valued at $769,000 after buying an additional 38,167 shares during the period. Wealthcare Advisory Partners LLC lifted its position in Principal Spectrum Preferred Securities Active ETF by 3.9% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 35,921 shares of the company’s stock worth $668,000 after buying an additional 1,341 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in Principal Spectrum Preferred Securities Active ETF by 3.5% during the third quarter. Rockefeller Capital Management L.P. now owns 93,979 shares of the company’s stock worth $1,768,000 after buying an additional 3,145 shares during the period.

Principal Spectrum Preferred Securities Active ETF Stock Performance

PREF stock opened at $18.75 on Wednesday. Principal Spectrum Preferred Securities Active ETF has a twelve month low of $17.81 and a twelve month high of $18.87. The firm’s fifty day simple moving average is $18.67 and its two-hundred day simple moving average is $18.67.

About Principal Spectrum Preferred Securities Active ETF

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.