Fulton Breakefield Broenniman LLC Takes Position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Fulton Breakefield Broenniman LLC bought a new position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 35,781 shares of the company’s stock, valued at approximately $1,180,000. Fulton Breakefield Broenniman LLC owned about 0.15% of SPDR ICE Preferred Securities ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PSK. Larson Financial Group LLC purchased a new stake in shares of SPDR ICE Preferred Securities ETF in the third quarter worth $31,000. Matrix Trust Co bought a new stake in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter valued at about $68,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of SPDR ICE Preferred Securities ETF by 98.0% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,450 shares of the company’s stock valued at $159,000 after purchasing an additional 2,203 shares during the period. Clear Creek Financial Management LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter valued at about $232,000. Finally, RFG Advisory LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF during the 4th quarter valued at about $221,000.

SPDR ICE Preferred Securities ETF Trading Down 0.6 %

Shares of NYSEARCA:PSK opened at $33.80 on Wednesday. The stock has a 50 day moving average of $33.63 and a 200 day moving average of $34.45. 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.