Envestnet Portfolio Solutions Inc. decreased its position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK – Free Report) by 9.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,754 shares of the company’s stock after selling 3,157 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 0.12% of SPDR ICE Preferred Securities ETF worth $977,000 as of its most recent filing with the SEC.
Several other institutional investors have also bought and sold shares of the stock. NBT Bank N A NY lifted its holdings in SPDR ICE Preferred Securities ETF by 46.0% in the second quarter. NBT Bank N A NY now owns 22,216 shares of the company’s stock worth $706,000 after purchasing an additional 6,995 shares during the period. DAVENPORT & Co LLC lifted its holdings in SPDR ICE Preferred Securities ETF by 19.8% in the second quarter. DAVENPORT & Co LLC now owns 8,171 shares of the company’s stock worth $260,000 after purchasing an additional 1,350 shares during the period. Wealthcare Advisory Partners LLC lifted its holdings in SPDR ICE Preferred Securities ETF by 1.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 38,194 shares of the company’s stock worth $1,213,000 after purchasing an additional 448 shares during the period. Pure Financial Advisors LLC lifted its holdings in SPDR ICE Preferred Securities ETF by 64.9% in the second quarter. Pure Financial Advisors LLC now owns 24,323 shares of the company’s stock worth $772,000 after purchasing an additional 9,575 shares during the period. Finally, Greenleaf Trust acquired a new stake in SPDR ICE Preferred Securities ETF in the second quarter worth about $1,205,000.
SPDR ICE Preferred Securities ETF Stock Up 0.3%
PSK stock opened at $32.85 on Friday. The company has a 50-day simple moving average of $32.96 and a 200 day simple moving average of $32.16. SPDR ICE Preferred Securities ETF has a fifty-two week low of $30.85 and a fifty-two week high of $35.82.
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.
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