Clear Creek Financial Management LLC Takes Position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Clear Creek Financial Management LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) during the third quarter, Holdings Channel.com reports. The fund bought 6,495 shares of the company’s stock, valued at approximately $232,000.

Other large investors have also recently modified their holdings of the company. Bank of New York Mellon Corp purchased a new position in SPDR ICE Preferred Securities ETF during the 2nd quarter valued at about $19,949,000. Atlas Private Wealth Advisors lifted its position in SPDR ICE Preferred Securities ETF by 210.3% during the 3rd quarter. Atlas Private Wealth Advisors now owns 447,166 shares of the company’s stock valued at $15,947,000 after acquiring an additional 303,036 shares during the period. Park Avenue Securities LLC lifted its position in SPDR ICE Preferred Securities ETF by 10.6% during the 3rd quarter. Park Avenue Securities LLC now owns 368,094 shares of the company’s stock valued at $13,126,000 after acquiring an additional 35,267 shares during the period. Envestnet Asset Management Inc. raised its holdings in SPDR ICE Preferred Securities ETF by 133.2% in the second quarter. Envestnet Asset Management Inc. now owns 314,732 shares of the company’s stock worth $10,679,000 after buying an additional 179,783 shares during the last quarter. Finally, Sage Advisory Services Ltd.Co. raised its holdings in SPDR ICE Preferred Securities ETF by 147.3% in the second quarter. Sage Advisory Services Ltd.Co. now owns 194,882 shares of the company’s stock worth $6,612,000 after buying an additional 116,067 shares during the last quarter.

SPDR ICE Preferred Securities ETF Stock Up 1.1 %

Shares of SPDR ICE Preferred Securities ETF stock opened at $34.97 on Tuesday. SPDR ICE Preferred Securities ETF has a 52-week low of $31.65 and a 52-week high of $36.06. The company has a 50-day simple moving average of $35.37 and a two-hundred day simple moving average of $34.41.

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.