Steward Partners Investment Advisory LLC Has $571,000 Holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Steward Partners Investment Advisory LLC lifted its stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 988.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,313 shares of the company’s stock after buying an additional 15,722 shares during the period. Steward Partners Investment Advisory LLC owned about 0.07% of SPDR ICE Preferred Securities ETF worth $571,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in SPDR ICE Preferred Securities ETF by 1.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 64,122 shares of the company’s stock valued at $2,287,000 after purchasing an additional 882 shares in the last quarter. SK Wealth Management LLC acquired a new stake in SPDR ICE Preferred Securities ETF during the 3rd quarter valued at $1,217,000. XML Financial LLC increased its holdings in SPDR ICE Preferred Securities ETF by 25.4% during the 4th quarter. XML Financial LLC now owns 32,641 shares of the company’s stock valued at $1,077,000 after purchasing an additional 6,602 shares in the last quarter. Prospera Financial Services Inc increased its holdings in SPDR ICE Preferred Securities ETF by 1,293.2% during the 3rd quarter. Prospera Financial Services Inc now owns 87,090 shares of the company’s stock valued at $3,105,000 after purchasing an additional 80,839 shares in the last quarter. Finally, Rockefeller Capital Management L.P. acquired a new stake in SPDR ICE Preferred Securities ETF during the 3rd quarter valued at $520,000.

SPDR ICE Preferred Securities ETF Stock Up 0.1 %

PSK stock opened at $32.69 on Wednesday. The business has a fifty day moving average price of $33.33 and a 200 day moving average price of $34.29. SPDR ICE Preferred Securities ETF has a fifty-two week low of $32.30 and a fifty-two week high of $36.06.

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.