Lido Advisors LLC Buys New Position in SPDR ICE Preferred Securities ETF $PSK

Lido Advisors LLC purchased a new position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 275,944 shares of the company’s stock, valued at approximately $7,820,000. Lido Advisors LLC owned about 1.25% of SPDR ICE Preferred Securities ETF at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Parr Mcknight Wealth Management Group LLC raised its position in SPDR ICE Preferred Securities ETF by 20.0% in the 3rd quarter. Parr Mcknight Wealth Management Group LLC now owns 12,000 shares of the company’s stock valued at $340,000 after purchasing an additional 2,000 shares during the last quarter. XML Financial LLC boosted its stake in SPDR ICE Preferred Securities ETF by 2.1% in the third quarter. XML Financial LLC now owns 27,513 shares of the company’s stock worth $780,000 after purchasing an additional 574 shares in the last quarter. United Asset Strategies Inc. boosted its stake in SPDR ICE Preferred Securities ETF by 8.5% in the third quarter. United Asset Strategies Inc. now owns 271,946 shares of the company’s stock worth $7,707,000 after purchasing an additional 21,372 shares in the last quarter. Financial Insights Inc. grew its holdings in shares of SPDR ICE Preferred Securities ETF by 1.5% during the third quarter. Financial Insights Inc. now owns 35,356 shares of the company’s stock worth $1,002,000 after purchasing an additional 511 shares during the last quarter. Finally, Park Avenue Securities LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF during the third quarter worth $4,564,000.

SPDR ICE Preferred Securities ETF Stock Performance

Shares of NYSEARCA:PSK opened at $27.50 on Friday. SPDR ICE Preferred Securities ETF has a twelve month low of $27.42 and a twelve month high of $32.56. The business has a fifty day moving average of $28.40 and a 200-day moving average of $30.36.

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.