290,655 Shares in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Bought by Crews Bank & Trust

Crews Bank & Trust bought a new position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 290,655 shares of the company’s stock, valued at approximately $9,589,000. SPDR ICE Preferred Securities ETF makes up approximately 1.6% of Crews Bank & Trust’s investment portfolio, making the stock its 14th biggest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. JPMorgan Chase & Co. increased its stake in shares of SPDR ICE Preferred Securities ETF by 1.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 64,122 shares of the company’s stock valued at $2,287,000 after acquiring an additional 882 shares in the last quarter. Park Avenue Securities LLC grew its holdings in SPDR ICE Preferred Securities ETF by 10.6% in the third quarter. Park Avenue Securities LLC now owns 368,094 shares of the company’s stock worth $13,126,000 after purchasing an additional 35,267 shares during the period. Raymond James & Associates increased its stake in SPDR ICE Preferred Securities ETF by 62.6% in the third quarter. Raymond James & Associates now owns 191,324 shares of the company’s stock valued at $6,823,000 after purchasing an additional 73,689 shares in the last quarter. Financial Advocates Investment Management raised its holdings in shares of SPDR ICE Preferred Securities ETF by 46.5% during the third quarter. Financial Advocates Investment Management now owns 15,363 shares of the company’s stock valued at $548,000 after purchasing an additional 4,875 shares during the period. Finally, SK Wealth Management LLC bought a new position in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter worth about $1,217,000.

SPDR ICE Preferred Securities ETF Stock Performance

Shares of PSK opened at $33.52 on Thursday. SPDR ICE Preferred Securities ETF has a one year low of $32.30 and a one year high of $36.06. The stock has a 50-day moving average of $33.62 and a 200-day moving average of $34.44.

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.