Grey Ledge Advisors LLC cut its holdings in Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF – Free Report) by 13.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 208,749 shares of the company’s stock after selling 31,894 shares during the period. Grey Ledge Advisors LLC’s holdings in Principal Spectrum Preferred Securities Active ETF were worth $3,981,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also modified their holdings of the business. Heritage Wealth Management Inc. boosted its holdings in shares of Principal Spectrum Preferred Securities Active ETF by 2.3% in the 3rd quarter. Heritage Wealth Management Inc. now owns 25,882 shares of the company’s stock valued at $495,000 after buying an additional 582 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in Principal Spectrum Preferred Securities Active ETF by 2.1% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 44,742 shares of the company’s stock valued at $853,000 after purchasing an additional 913 shares during the period. First Citizens Financial Corp boosted its stake in Principal Spectrum Preferred Securities Active ETF by 2.5% during the 4th quarter. First Citizens Financial Corp now owns 60,814 shares of the company’s stock valued at $1,160,000 after purchasing an additional 1,479 shares during the period. Focus Partners Wealth boosted its stake in Principal Spectrum Preferred Securities Active ETF by 0.7% during the 3rd quarter. Focus Partners Wealth now owns 244,560 shares of the company’s stock valued at $4,681,000 after purchasing an additional 1,640 shares during the period. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in Principal Spectrum Preferred Securities Active ETF by 1.3% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 134,715 shares of the company’s stock valued at $2,569,000 after purchasing an additional 1,746 shares during the period.
Principal Spectrum Preferred Securities Active ETF Price Performance
Principal Spectrum Preferred Securities Active ETF stock opened at $19.00 on Thursday. The firm has a 50-day moving average price of $18.97 and a two-hundred day moving average price of $19.06. Principal Spectrum Preferred Securities Active ETF has a 52-week low of $18.63 and a 52-week high of $19.32.
About Principal Spectrum Preferred Securities Active ETF
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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Want to see what other hedge funds are holding PREF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF – Free Report).
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