Sage Advisory Services Ltd.Co. Has $5.96 Million Holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Sage Advisory Services Ltd.Co. cut its stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 7.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 180,526 shares of the company’s stock after selling 14,356 shares during the period. SPDR ICE Preferred Securities ETF comprises approximately 3.5% of Sage Advisory Services Ltd.Co.’s holdings, making the stock its 11th largest holding. Sage Advisory Services Ltd.Co. owned approximately 0.78% of SPDR ICE Preferred Securities ETF worth $5,956,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Larson Financial Group LLC acquired a new stake in SPDR ICE Preferred Securities ETF during the 3rd quarter valued at $31,000. RFG Advisory LLC acquired a new stake in SPDR ICE Preferred Securities ETF during the 4th quarter valued at $221,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in SPDR ICE Preferred Securities ETF by 56.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,982 shares of the company’s stock valued at $230,000 after purchasing an additional 2,532 shares in the last quarter. Clear Creek Financial Management LLC acquired a new stake in SPDR ICE Preferred Securities ETF during the 3rd quarter valued at $232,000. Finally, Mayflower Financial Advisors LLC acquired a new stake in SPDR ICE Preferred Securities ETF during the 4th quarter valued at $260,000.

SPDR ICE Preferred Securities ETF Stock Down 0.2 %

PSK stock opened at $33.53 on Friday. The business has a fifty day moving average price of $33.31 and a 200 day moving average price of $34.35. SPDR ICE Preferred Securities ETF has a fifty-two week low of $32.30 and a fifty-two week high of $36.06.

SPDR ICE Preferred Securities ETF 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.