SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Shares Acquired by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. increased its stake in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 32,505.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,084 shares of the company’s stock after purchasing an additional 26,004 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in SPDR ICE Preferred Securities ETF were worth $931,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of PSK. Private Trust Co. NA raised its holdings in shares of SPDR ICE Preferred Securities ETF by 41.7% in the 3rd quarter. Private Trust Co. NA now owns 13,269 shares of the company’s stock valued at $473,000 after purchasing an additional 3,903 shares in the last quarter. Larson Financial Group LLC purchased a new position in SPDR ICE Preferred Securities ETF in the third quarter valued at $31,000. Hilton Capital Management LLC raised its stake in SPDR ICE Preferred Securities ETF by 20.3% in the third quarter. Hilton Capital Management LLC now owns 10,275 shares of the company’s stock valued at $366,000 after buying an additional 1,735 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in SPDR ICE Preferred Securities ETF by 92.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 89,449 shares of the company’s stock worth $3,190,000 after buying an additional 42,861 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its position in shares of SPDR ICE Preferred Securities ETF by 1,293.2% during the 3rd quarter. Prospera Financial Services Inc now owns 87,090 shares of the company’s stock worth $3,105,000 after acquiring an additional 80,839 shares in the last quarter.

SPDR ICE Preferred Securities ETF Price Performance

Shares of NYSEARCA PSK opened at $34.36 on Wednesday. The stock’s 50-day simple moving average is $35.24 and its 200-day simple moving average is $34.52. SPDR ICE Preferred Securities ETF has a fifty-two week low of $32.37 and a fifty-two week high of $36.06.

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.