GLOBALT Investments LLC GA Sells 1,658 Shares of SPDR ICE Preferred Securities ETF $PSK

GLOBALT Investments LLC GA trimmed its position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 10.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,306 shares of the company’s stock after selling 1,658 shares during the period. GLOBALT Investments LLC GA’s holdings in SPDR ICE Preferred Securities ETF were worth $454,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of PSK. Kingstone Capital Partners Texas LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF in the 2nd quarter worth about $40,724,000. CNO Financial Group Inc. bought a new position in shares of SPDR ICE Preferred Securities ETF in the 1st quarter valued at about $22,673,000. Royal Bank of Canada grew its position in SPDR ICE Preferred Securities ETF by 22.8% in the first quarter. Royal Bank of Canada now owns 986,591 shares of the company’s stock worth $31,955,000 after acquiring an additional 183,181 shares in the last quarter. Sage Advisory Services Ltd.Co. increased its stake in SPDR ICE Preferred Securities ETF by 52.6% during the first quarter. Sage Advisory Services Ltd.Co. now owns 275,449 shares of the company’s stock worth $8,922,000 after acquiring an additional 94,923 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in SPDR ICE Preferred Securities ETF by 13.3% during the first quarter. Envestnet Asset Management Inc. now owns 566,766 shares of the company’s stock valued at $18,358,000 after purchasing an additional 66,590 shares during the period.

SPDR ICE Preferred Securities ETF Stock Up 0.2%

NYSEARCA:PSK opened at $33.00 on Friday. The business has a 50 day simple moving average of $33.02 and a 200-day simple moving average of $32.21. SPDR ICE Preferred Securities ETF has a 1 year low of $30.85 and a 1 year high of $35.39.

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.