Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) Shares Purchased by Delta Investment Management LLC

Delta Investment Management LLC boosted its position in Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) by 1.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 61,411 shares of the company’s stock after acquiring an additional 848 shares during the quarter. Delta Investment Management LLC owned 0.18% of Principal Spectrum Preferred Securities Active ETF worth $1,075,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PREF. Sunesis Advisors LLC acquired a new position in Principal Spectrum Preferred Securities Active ETF in the third quarter valued at $355,000. Commonwealth Equity Services LLC boosted its holdings in Principal Spectrum Preferred Securities Active ETF by 1.5% in the third quarter. Commonwealth Equity Services LLC now owns 320,068 shares of the company’s stock valued at $5,396,000 after acquiring an additional 4,821 shares during the last quarter. Raymond James & Associates raised its position in Principal Spectrum Preferred Securities Active ETF by 204.1% in the third quarter. Raymond James & Associates now owns 312,140 shares of the company’s stock valued at $5,263,000 after purchasing an additional 209,493 shares during the period. J.W. Cole Advisors Inc. raised its position in Principal Spectrum Preferred Securities Active ETF by 34.6% in the third quarter. J.W. Cole Advisors Inc. now owns 64,201 shares of the company’s stock valued at $1,082,000 after purchasing an additional 16,493 shares during the period. Finally, Bank of New York Mellon Corp raised its position in Principal Spectrum Preferred Securities Active ETF by 2.1% in the third quarter. Bank of New York Mellon Corp now owns 580,961 shares of the company’s stock valued at $9,795,000 after purchasing an additional 11,719 shares during the period.

Principal Spectrum Preferred Securities Active ETF Price Performance

Shares of Principal Spectrum Preferred Securities Active ETF stock opened at $17.91 on Friday. Principal Spectrum Preferred Securities Active ETF has a fifty-two week low of $16.25 and a fifty-two week high of $18.23. The business has a 50-day moving average price of $17.96 and a 200 day moving average price of $17.46.

Principal Spectrum Preferred Securities Active ETF Profile

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.