2,578 Shares in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) Purchased by Navellier & Associates Inc.

Navellier & Associates Inc. acquired a new position in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 2,578 shares of the exchange traded fund’s stock, valued at approximately $201,000.

Other large investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in SPDR Bloomberg Convertible Securities ETF by 117.1% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 471 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 254 shares during the last quarter. Boyd Watterson Asset Management LLC OH purchased a new position in SPDR Bloomberg Convertible Securities ETF in the fourth quarter worth about $27,000. Roxbury Financial LLC purchased a new position in SPDR Bloomberg Convertible Securities ETF in the fourth quarter worth about $45,000. Prime Capital Investment Advisors LLC boosted its position in SPDR Bloomberg Convertible Securities ETF by 30.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 4,187 shares of the exchange traded fund’s stock worth $321,000 after purchasing an additional 974 shares during the last quarter. Finally, Mount Lucas Management LP boosted its position in SPDR Bloomberg Convertible Securities ETF by 3.0% in the third quarter. Mount Lucas Management LP now owns 35,946 shares of the exchange traded fund’s stock worth $2,753,000 after purchasing an additional 1,046 shares during the last quarter.

SPDR Bloomberg Convertible Securities ETF Price Performance

Shares of NYSEARCA:CWB opened at $79.87 on Monday. The stock’s 50-day simple moving average is $79.68 and its two-hundred day simple moving average is $77.85. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $69.45 and a 52-week high of $82.24.

SPDR Bloomberg Convertible Securities ETF Profile

SPDR Barclays Convertible Securities ETF, formerly SPDR Barclays Capital Convertible Securities ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks United States convertible securities. In seeking to track the performance of the Barclays Capital U.S.