Breachway Investments LLC Takes Position in SPDR ICE Preferred Securities ETF $PSK

Breachway Investments LLC acquired a new stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 23,691 shares of the company’s stock, valued at approximately $751,000.

Other large investors also recently modified their holdings of the company. City Holding Co. bought a new position in shares of SPDR ICE Preferred Securities ETF in the fourth quarter valued at about $37,000. AE Wealth Management LLC raised its position in shares of SPDR ICE Preferred Securities ETF by 111.4% in the third quarter. AE Wealth Management LLC now owns 1,300 shares of the company’s stock valued at $43,000 after purchasing an additional 685 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its position in SPDR ICE Preferred Securities ETF by 287.2% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,789 shares of the company’s stock worth $57,000 after acquiring an additional 1,327 shares during the period. WFA of San Diego LLC bought a new position in SPDR ICE Preferred Securities ETF during the second quarter worth about $84,000. Finally, Franklin Resources Inc. bought a new position in SPDR ICE Preferred Securities ETF during the second quarter worth about $143,000.

SPDR ICE Preferred Securities ETF Stock Down 0.0%

NYSEARCA:PSK opened at $31.54 on Tuesday. SPDR ICE Preferred Securities ETF has a 52 week low of $30.70 and a 52 week high of $33.77. The firm’s 50-day simple moving average is $31.65 and its 200 day simple moving average is $32.05.

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.