NewSquare Capital LLC Boosts Holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

NewSquare Capital LLC raised its stake in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 0.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 228,226 shares of the company’s stock after buying an additional 925 shares during the period. NewSquare Capital LLC owned about 0.98% of SPDR ICE Preferred Securities ETF worth $7,529,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Flputnam Investment Management Co. raised its position in SPDR ICE Preferred Securities ETF by 5.4% during the fourth quarter. Flputnam Investment Management Co. now owns 573,747 shares of the company’s stock valued at $18,928,000 after acquiring an additional 29,243 shares in the last quarter. Atlas Private Wealth Advisors grew its stake in shares of SPDR ICE Preferred Securities ETF by 3.2% during the 4th quarter. Atlas Private Wealth Advisors now owns 461,256 shares of the company’s stock worth $15,217,000 after purchasing an additional 14,090 shares during the period. Park Avenue Securities LLC increased its holdings in shares of SPDR ICE Preferred Securities ETF by 13.3% during the 4th quarter. Park Avenue Securities LLC now owns 417,139 shares of the company’s stock valued at $13,761,000 after purchasing an additional 49,045 shares in the last quarter. Crews Bank & Trust acquired a new position in shares of SPDR ICE Preferred Securities ETF in the 4th quarter valued at $9,589,000. Finally, ST Germain D J Co. Inc. boosted its holdings in SPDR ICE Preferred Securities ETF by 81.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 233,536 shares of the company’s stock worth $7,704,000 after buying an additional 104,560 shares in the last quarter.

SPDR ICE Preferred Securities ETF Stock Performance

PSK stock opened at $33.20 on Wednesday. SPDR ICE Preferred Securities ETF has a one year low of $32.30 and a one year high of $36.06. The firm’s fifty day moving average is $33.33 and its 200 day moving average is $34.34.

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.