SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Shares Sold by GLOBALT Investments LLC GA

GLOBALT Investments LLC GA trimmed its position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 2.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,634 shares of the company’s stock after selling 351 shares during the period. GLOBALT Investments LLC GA owned approximately 0.08% of SPDR ICE Preferred Securities ETF worth $582,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in PSK. Envestnet Portfolio Solutions Inc. raised its stake in shares of SPDR ICE Preferred Securities ETF by 4.6% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 26,413 shares of the company’s stock valued at $871,000 after acquiring an additional 1,155 shares in the last quarter. Hilton Capital Management LLC raised its stake in shares of SPDR ICE Preferred Securities ETF by 36.4% in the fourth quarter. Hilton Capital Management LLC now owns 14,010 shares of the company’s stock valued at $462,000 after acquiring an additional 3,735 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of SPDR ICE Preferred Securities ETF by 19.5% in the fourth quarter. HighTower Advisors LLC now owns 8,757 shares of the company’s stock valued at $289,000 after acquiring an additional 1,432 shares in the last quarter. Wealthfront Advisers LLC raised its stake in shares of SPDR ICE Preferred Securities ETF by 13.4% in the fourth quarter. Wealthfront Advisers LLC now owns 9,883 shares of the company’s stock valued at $326,000 after acquiring an additional 1,171 shares in the last quarter. Finally, Independent Advisor Alliance acquired a new stake in shares of SPDR ICE Preferred Securities ETF in the fourth quarter valued at $219,000.

SPDR ICE Preferred Securities ETF Trading Up 0.3 %

Shares of NYSEARCA PSK opened at $33.11 on Tuesday. SPDR ICE Preferred Securities ETF has a 12-month low of $32.30 and a 12-month high of $36.06. The business’s fifty day simple moving average is $33.29 and its 200-day simple moving average is $34.23.

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.