GLOBALT Investments LLC GA Trims Holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

GLOBALT Investments LLC GA trimmed its position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 2.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,985 shares of the company’s stock after selling 482 shares during the period. GLOBALT Investments LLC GA owned 0.08% of SPDR ICE Preferred Securities ETF worth $641,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Matrix Trust Co bought a new position in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter valued at about $68,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR ICE Preferred Securities ETF in the second quarter valued at $76,000. International Assets Investment Management LLC bought a new stake in SPDR ICE Preferred Securities ETF in the second quarter worth $117,000. Clear Creek Financial Management LLC purchased a new stake in SPDR ICE Preferred Securities ETF during the third quarter valued at $232,000. Finally, Financial Advocates Investment Management raised its stake in SPDR ICE Preferred Securities ETF by 13.4% during the second quarter. Financial Advocates Investment Management now owns 10,488 shares of the company’s stock valued at $356,000 after purchasing an additional 1,242 shares in the last quarter.

SPDR ICE Preferred Securities ETF Price Performance

Shares of NYSEARCA PSK opened at $34.46 on Tuesday. The business’s 50 day moving average is $35.36 and its two-hundred day moving average is $34.49. SPDR ICE Preferred Securities ETF has a 1-year low of $32.13 and a 1-year high of $36.06.

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.