SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Shares Bought by Sound Income Strategies LLC

Sound Income Strategies LLC grew its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 10.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 132,831 shares of the company’s stock after acquiring an additional 12,265 shares during the period. Sound Income Strategies LLC owned about 0.57% of SPDR ICE Preferred Securities ETF worth $4,632,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Baystate Wealth Management LLC boosted its holdings in SPDR ICE Preferred Securities ETF by 15.0% in the 4th quarter. Baystate Wealth Management LLC now owns 2,326 shares of the company’s stock valued at $78,000 after purchasing an additional 304 shares in the last quarter. Wealthspire Advisors LLC boosted its stake in shares of SPDR ICE Preferred Securities ETF by 2.2% in the fourth quarter. Wealthspire Advisors LLC now owns 15,145 shares of the company’s stock valued at $508,000 after buying an additional 332 shares in the last quarter. HF Advisory Group LLC boosted its stake in shares of SPDR ICE Preferred Securities ETF by 5.6% in the fourth quarter. HF Advisory Group LLC now owns 6,928 shares of the company’s stock valued at $232,000 after buying an additional 368 shares in the last quarter. Bath Savings Trust Co grew its holdings in SPDR ICE Preferred Securities ETF by 2.4% during the fourth quarter. Bath Savings Trust Co now owns 37,997 shares of the company’s stock worth $1,274,000 after acquiring an additional 900 shares during the period. Finally, Simplex Trading LLC purchased a new position in SPDR ICE Preferred Securities ETF in the fourth quarter worth $32,000.

SPDR ICE Preferred Securities ETF Price Performance

SPDR ICE Preferred Securities ETF stock traded up $0.01 during midday trading on Wednesday, reaching $34.03. The company’s stock had a trading volume of 218,209 shares, compared to its average volume of 120,841. SPDR ICE Preferred Securities ETF has a fifty-two week low of $29.91 and a fifty-two week high of $35.37. The stock’s 50 day simple moving average is $33.66 and its 200 day simple moving average is $34.09.

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.