Ameritas Advisory Services LLC Cuts Position in SPDR ICE Preferred Securities ETF $PSK

Ameritas Advisory Services LLC decreased its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 28.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,452 shares of the company’s stock after selling 21,222 shares during the quarter. Ameritas Advisory Services LLC owned 0.22% of SPDR ICE Preferred Securities ETF worth $1,729,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PSK. NBC Securities Inc. raised its position in SPDR ICE Preferred Securities ETF by 214,400.0% in the first quarter. NBC Securities Inc. now owns 2,145 shares of the company’s stock valued at $69,000 after purchasing an additional 2,144 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of SPDR ICE Preferred Securities ETF by 39.7% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 9,752 shares of the company’s stock worth $316,000 after acquiring an additional 2,770 shares during the period. Park Avenue Securities LLC increased its position in shares of SPDR ICE Preferred Securities ETF by 11.6% during the first quarter. Park Avenue Securities LLC now owns 465,468 shares of the company’s stock worth $15,077,000 after acquiring an additional 48,329 shares during the period. Farther Finance Advisors LLC purchased a new stake in shares of SPDR ICE Preferred Securities ETF during the first quarter worth $165,000. Finally, Sound Income Strategies LLC increased its position in shares of SPDR ICE Preferred Securities ETF by 4.1% during the first quarter. Sound Income Strategies LLC now owns 162,992 shares of the company’s stock worth $5,279,000 after acquiring an additional 6,349 shares during the period.

SPDR ICE Preferred Securities ETF Stock Down 0.1%

SPDR ICE Preferred Securities ETF stock opened at $33.10 on Friday. SPDR ICE Preferred Securities ETF has a twelve month low of $30.85 and a twelve month high of $35.90. The stock’s fifty day simple moving average is $32.84 and its 200-day simple moving average is $32.16.

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.