SPDR ICE Preferred Securities ETF $PSK Shares Purchased by UBS Group AG

UBS Group AG raised its holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 142.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 650,656 shares of the company’s stock after acquiring an additional 382,777 shares during the quarter. UBS Group AG owned 2.71% of SPDR ICE Preferred Securities ETF worth $20,619,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in PSK. City Holding Co. acquired a new stake in SPDR ICE Preferred Securities ETF during the fourth quarter valued at approximately $37,000. AE Wealth Management LLC raised its position in shares of SPDR ICE Preferred Securities ETF by 111.4% during the third quarter. AE Wealth Management LLC now owns 1,300 shares of the company’s stock worth $43,000 after purchasing an additional 685 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of 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 valued at $57,000 after purchasing an additional 1,327 shares during the last quarter. WFA of San Diego LLC purchased a new stake in shares of SPDR ICE Preferred Securities ETF during the second quarter valued at $84,000. Finally, Franklin Resources Inc. acquired a new position in shares of SPDR ICE Preferred Securities ETF in the 2nd quarter valued at $143,000.

SPDR ICE Preferred Securities ETF Price Performance

Shares of PSK opened at $31.43 on Tuesday. The business’s 50-day moving average price is $31.43 and its 200 day moving average price is $31.91. SPDR ICE Preferred Securities ETF has a 1-year low of $30.70 and a 1-year high of $33.77.

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.