Fulton Breakefield Broenniman LLC Has $1.10 Million Stock Holdings in SPDR ICE Preferred Securities ETF $PSK

Fulton Breakefield Broenniman LLC lessened its holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 3.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,617 shares of the company’s stock after selling 1,314 shares during the period. Fulton Breakefield Broenniman LLC owned approximately 0.14% of SPDR ICE Preferred Securities ETF worth $1,099,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in PSK. NBC Securities Inc. raised its position in SPDR ICE Preferred Securities ETF by 214,400.0% in the first quarter. NBC Securities Inc. now owns 2,145 shares of the company’s stock worth $69,000 after purchasing an additional 2,144 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in SPDR ICE Preferred Securities ETF during the first quarter worth about $165,000. Sound Income Strategies LLC grew its stake in SPDR ICE Preferred Securities ETF by 4.1% during the first quarter. Sound Income Strategies LLC now owns 162,992 shares of the company’s stock worth $5,279,000 after buying an additional 6,349 shares during the last quarter. Sowell Financial Services LLC bought a new stake in SPDR ICE Preferred Securities ETF during the first quarter worth about $497,000. Finally, Inscription Capital LLC bought a new stake in SPDR ICE Preferred Securities ETF during the first quarter worth about $456,000.

SPDR ICE Preferred Securities ETF Stock Down 0.2%

Shares of SPDR ICE Preferred Securities ETF stock opened at $32.99 on Thursday. SPDR ICE Preferred Securities ETF has a 1-year low of $30.85 and a 1-year high of $35.90. The firm’s 50-day moving average price is $32.89 and its two-hundred day moving average price is $32.16.

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.