SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Short Interest Update

SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 4,393 shares, a decline of 69.3% from the December 15th total of 14,311 shares. Based on an average daily volume of 216,812 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 216,812 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On SPDR ICE Preferred Securities ETF

Several large investors have recently added to or reduced their stakes in PSK. Equitable Holdings Inc. boosted its holdings in shares of SPDR ICE Preferred Securities ETF by 4.0% in the 3rd quarter. Equitable Holdings Inc. now owns 8,613 shares of the company’s stock worth $285,000 after purchasing an additional 332 shares during the period. Cornerstone Financial Group LLC NE lifted its position in SPDR ICE Preferred Securities ETF by 1.9% in the second quarter. Cornerstone Financial Group LLC NE now owns 18,194 shares of the company’s stock worth $578,000 after buying an additional 345 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its stake in SPDR ICE Preferred Securities ETF by 1.2% during the second quarter. Wealthcare Advisory Partners LLC now owns 38,194 shares of the company’s stock worth $1,213,000 after buying an additional 448 shares during the period. Pure Financial Advisors LLC increased its position in SPDR ICE Preferred Securities ETF by 2.0% during the third quarter. Pure Financial Advisors LLC now owns 24,817 shares of the company’s stock valued at $821,000 after acquiring an additional 494 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its position in SPDR ICE Preferred Securities ETF by 8.1% during the third quarter. Stratos Wealth Partners LTD. now owns 6,888 shares of the company’s stock valued at $228,000 after acquiring an additional 518 shares during the last quarter.

SPDR ICE Preferred Securities ETF Price Performance

PSK stock traded up $0.11 during trading on Tuesday, hitting $32.18. 108,066 shares of the company’s stock traded hands, compared to its average volume of 131,922. SPDR ICE Preferred Securities ETF has a 52 week low of $30.85 and a 52 week high of $34.08. The business has a fifty day simple moving average of $31.99 and a 200 day simple moving average of $32.42.

SPDR ICE Preferred Securities ETF Company 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.