Inscription Capital LLC Takes Position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Inscription Capital LLC acquired a new position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 13,073 shares of the company’s stock, valued at approximately $456,000.

Several other institutional investors have also recently made changes to their positions in PSK. Wells Fargo & Company MN boosted its holdings in SPDR ICE Preferred Securities ETF by 4.1% in the fourth quarter. Wells Fargo & Company MN now owns 852,411 shares of the company’s stock valued at $28,121,000 after purchasing an additional 33,227 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of SPDR ICE Preferred Securities ETF by 3.5% in the 4th quarter. Royal Bank of Canada now owns 803,410 shares of the company’s stock valued at $26,504,000 after buying an additional 27,222 shares during the period. Flputnam Investment Management Co. lifted its holdings in shares of SPDR ICE Preferred Securities ETF by 5.4% in the 4th quarter. Flputnam Investment Management Co. now owns 573,747 shares of the company’s stock valued at $18,928,000 after buying an additional 29,243 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of SPDR ICE Preferred Securities ETF by 2.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 500,176 shares of the company’s stock worth $16,501,000 after buying an additional 9,676 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its stake in shares of SPDR ICE Preferred Securities ETF by 11.6% in the first quarter. Park Avenue Securities LLC now owns 465,468 shares of the company’s stock worth $15,077,000 after buying an additional 48,329 shares during the last quarter.

SPDR ICE Preferred Securities ETF Stock Up 0.3%

SPDR ICE Preferred Securities ETF stock opened at $31.45 on Wednesday. The business’s 50-day moving average price is $31.56 and its 200 day moving average price is $32.63. SPDR ICE Preferred Securities ETF has a 52 week low of $30.85 and a 52 week high of $36.06.

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.