Fifth Third Securities Inc. Acquires 72,300 Shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Fifth Third Securities Inc. grew its holdings in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 727.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,239 shares of the company’s stock after purchasing an additional 72,300 shares during the quarter. Fifth Third Securities Inc. owned about 0.35% of SPDR ICE Preferred Securities ETF worth $2,713,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Larson Financial Group LLC bought a new position in SPDR ICE Preferred Securities ETF during the third quarter valued at about $31,000. Matrix Trust Co bought a new stake in SPDR ICE Preferred Securities ETF during the third quarter valued at about $68,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of SPDR ICE Preferred Securities ETF by 98.0% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,450 shares of the company’s stock valued at $159,000 after purchasing an additional 2,203 shares during the last quarter. Clear Creek Financial Management LLC acquired a new position in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter worth about $232,000. Finally, RFG Advisory LLC bought a new stake in SPDR ICE Preferred Securities ETF during the 4th quarter valued at approximately $221,000.

SPDR ICE Preferred Securities ETF Stock Up 0.6 %

PSK opened at $33.72 on Friday. SPDR ICE Preferred Securities ETF has a 12-month low of $32.30 and a 12-month high of $36.06. The stock’s 50 day moving average price is $33.61 and its two-hundred day moving average price is $34.44.

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.