Bensler LLC boosted its position in Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF – Free Report) by 11.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 582,078 shares of the company’s stock after buying an additional 60,851 shares during the quarter. Principal Spectrum Preferred Securities Active ETF makes up about 1.2% of Bensler LLC’s portfolio, making the stock its 29th biggest position. Bensler LLC’s holdings in Principal Spectrum Preferred Securities Active ETF were worth $11,042,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the company. Assetmark Inc. bought a new position in shares of Principal Spectrum Preferred Securities Active ETF during the 2nd quarter worth approximately $45,000. Envestnet Asset Management Inc. boosted its holdings in Principal Spectrum Preferred Securities Active ETF by 59.7% during the second quarter. Envestnet Asset Management Inc. now owns 403,476 shares of the company’s stock worth $7,654,000 after purchasing an additional 150,841 shares during the last quarter. Whipplewood Advisors LLC grew its position in Principal Spectrum Preferred Securities Active ETF by 2,697.6% in the second quarter. Whipplewood Advisors LLC now owns 19,583 shares of the company’s stock valued at $371,000 after purchasing an additional 18,883 shares in the last quarter. Meadow Creek Wealth Advisors LLC increased its stake in Principal Spectrum Preferred Securities Active ETF by 14.7% in the 2nd quarter. Meadow Creek Wealth Advisors LLC now owns 130,435 shares of the company’s stock valued at $2,474,000 after buying an additional 16,762 shares during the last quarter. Finally, Stephens Inc. AR acquired a new stake in Principal Spectrum Preferred Securities Active ETF in the 2nd quarter valued at $387,000.
Principal Spectrum Preferred Securities Active ETF Price Performance
Shares of NYSEARCA:PREF opened at $19.02 on Friday. The company’s 50-day moving average price is $19.09 and its two-hundred day moving average price is $18.90. Principal Spectrum Preferred Securities Active ETF has a one year low of $18.06 and a one year high of $19.26.
Principal Spectrum Preferred Securities Active ETF Company Profile
The Principal Spectrum Preferred Securities Active ETF (PREF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a primary focus on $1,000 par preferred securities. PREF was launched on Jul 10, 2017 and is managed by Principal.
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