57,482 Shares in SPDR ICE Preferred Securities ETF $PSK Bought by FDx Advisors Inc.

FDx Advisors Inc. purchased a new position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 57,482 shares of the company’s stock, valued at approximately $1,629,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Rosenberg Matthew Hamilton boosted its holdings in shares of SPDR ICE Preferred Securities ETF by 23.3% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 141,339 shares of the company’s stock valued at $4,006,000 after buying an additional 26,729 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in SPDR ICE Preferred Securities ETF during the second quarter worth $3,677,000. Clarus Wealth Advisors acquired a new position in SPDR ICE Preferred Securities ETF during the second quarter worth $732,000. Ameritas Advisory Services LLC increased its holdings in SPDR ICE Preferred Securities ETF by 99.8% during the second quarter. Ameritas Advisory Services LLC now owns 122,711 shares of the company’s stock worth $3,746,000 after buying an additional 61,286 shares during the last quarter. Finally, Eclectic Associates Inc. ADV bought a new stake in SPDR ICE Preferred Securities ETF during the third quarter worth $724,000.

SPDR ICE Preferred Securities ETF Stock Performance

NYSEARCA PSK traded down $0.22 on Friday, hitting $27.28. 429,588 shares of the stock were exchanged, compared to its average volume of 128,157. The business’s fifty day moving average is $28.36 and its 200 day moving average is $30.33. SPDR ICE Preferred Securities ETF has a 52 week low of $27.28 and a 52 week high of $32.56.

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.