SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. trimmed its stake in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 6.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 122,402 shares of the company’s stock after selling 7,771 shares during the period. Charles Schwab Investment Management Inc. owned about 0.53% of SPDR ICE Preferred Securities ETF worth $4,038,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in shares of SPDR ICE Preferred Securities ETF by 1.4% in the third quarter. JPMorgan Chase & Co. now owns 64,122 shares of the company’s stock worth $2,287,000 after acquiring an additional 882 shares during the period. Steward Partners Investment Advisory LLC increased its stake in shares of SPDR ICE Preferred Securities ETF by 988.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 17,313 shares of the company’s stock valued at $571,000 after purchasing an additional 15,722 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of SPDR ICE Preferred Securities ETF by 181.9% in the 4th quarter. Jones Financial Companies Lllp now owns 8,748 shares of the company’s stock valued at $289,000 after purchasing an additional 5,645 shares in the last quarter. SK Wealth Management LLC purchased a new position in SPDR ICE Preferred Securities ETF during the third quarter worth approximately $1,217,000. Finally, XML Financial LLC boosted its position in SPDR ICE Preferred Securities ETF by 25.4% during the fourth quarter. XML Financial LLC now owns 32,641 shares of the company’s stock worth $1,077,000 after purchasing an additional 6,602 shares in the last quarter.

SPDR ICE Preferred Securities ETF Stock Performance

SPDR ICE Preferred Securities ETF stock opened at $32.79 on Thursday. The business has a 50 day simple moving average of $33.31 and a 200-day simple moving average of $34.14. SPDR ICE Preferred Securities ETF has a 12 month low of $32.30 and a 12 month high of $36.06.

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.