21,372 SPDR ICE Preferred Securities ETF $PSK Shares Purchased by United Asset Strategies Inc.

United Asset Strategies Inc. grew its position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 8.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 271,946 shares of the company’s stock after acquiring an additional 21,372 shares during the quarter. United Asset Strategies Inc. owned 1.23% of SPDR ICE Preferred Securities ETF worth $7,707,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Triumph Capital Management raised its position in SPDR ICE Preferred Securities ETF by 75.5% during the third quarter. Triumph Capital Management now owns 1,127 shares of the company’s stock worth $32,000 after acquiring an additional 485 shares in the last quarter. SRH Advisors LLC bought a new stake in SPDR ICE Preferred Securities ETF in the 3rd quarter valued at $46,000. Sowell Financial Services LLC acquired a new position in shares of SPDR ICE Preferred Securities ETF in the third quarter valued at $220,000. WealthPoint Financial LLC lifted its stake in shares of SPDR ICE Preferred Securities ETF by 28.2% during the 1st quarter. WealthPoint Financial LLC now owns 10,472 shares of the company’s stock worth $323,000 after buying an additional 2,304 shares during the last quarter. Finally, Fifth Third Bancorp acquired a new stake in SPDR ICE Preferred Securities ETF during the first quarter worth approximately $445,000.

SPDR ICE Preferred Securities ETF Price Performance

PSK opened at $27.89 on Friday. The stock has a fifty day moving average of $28.76 and a 200-day moving average of $30.58. SPDR ICE Preferred Securities ETF has a fifty-two week low of $27.75 and a fifty-two week high of $32.96.

About SPDR ICE Preferred Securities ETF

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.