Cetera Investment Advisers Acquires 102,077 Shares of SPDR ICE Preferred Securities ETF $PSK

Cetera Investment Advisers grew its holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 90.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 214,758 shares of the company’s stock after acquiring an additional 102,077 shares during the period. Cetera Investment Advisers’ holdings in SPDR ICE Preferred Securities ETF were worth $6,623,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cornerstone Planning Group LLC grew its position in shares of SPDR ICE Preferred Securities ETF by 1,001.4% in the 4th quarter. Cornerstone Planning Group LLC now owns 771 shares of the company’s stock worth $25,000 after buying an additional 701 shares during the last quarter. City Holding Co. bought a new position in shares of SPDR ICE Preferred Securities ETF during the fourth quarter valued at approximately $37,000. Thurston Springer Miller Herd & Titak Inc. raised 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 acquiring an additional 1,327 shares in the last quarter. IFP Advisors Inc raised its holdings in shares of SPDR ICE Preferred Securities ETF by 568.7% during the fourth quarter. IFP Advisors Inc now owns 2,608 shares of the company’s stock valued at $83,000 after acquiring an additional 2,218 shares in the last quarter. Finally, WFA of San Diego LLC purchased a new stake in SPDR ICE Preferred Securities ETF in the second quarter worth $84,000.

SPDR ICE Preferred Securities ETF Trading Up 0.1%

NYSEARCA:PSK opened at $30.28 on Friday. The firm’s fifty day simple moving average is $30.58 and its 200 day simple moving average is $31.31. SPDR ICE Preferred Securities ETF has a twelve month low of $30.15 and a twelve month 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.