57,482 Shares of SPDR ICE Preferred Securities ETF $PSK Acquired by FDx Advisors Inc.

FDx Advisors Inc. bought a new position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 57,482 shares of the company’s stock, valued at approximately $1,629,000. SPDR ICE Preferred Securities ETF accounts for about 1.1% of FDx Advisors Inc.’s investment portfolio, making the stock its 25th largest position. FDx Advisors Inc. owned approximately 0.26% of SPDR ICE Preferred Securities ETF at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in PSK. Triumph Capital Management lifted its stake in SPDR ICE Preferred Securities ETF by 75.5% in the third quarter. Triumph Capital Management now owns 1,127 shares of the company’s stock valued at $32,000 after buying an additional 485 shares during the period. SRH Advisors LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF in the 3rd quarter valued at $46,000. Sowell Financial Services LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF in the 3rd quarter valued at $220,000. WealthPoint Financial LLC increased its stake in shares of SPDR ICE Preferred Securities ETF by 28.2% in the 1st quarter. WealthPoint Financial LLC now owns 10,472 shares of the company’s stock valued at $323,000 after acquiring an additional 2,304 shares in the last quarter. Finally, Parr Mcknight Wealth Management Group LLC lifted its position in shares of SPDR ICE Preferred Securities ETF by 20.0% during the 3rd quarter. Parr Mcknight Wealth Management Group LLC now owns 12,000 shares of the company’s stock valued at $340,000 after acquiring an additional 2,000 shares during the period.

SPDR ICE Preferred Securities ETF Trading Down 0.4%

SPDR ICE Preferred Securities ETF stock opened at $27.81 on Thursday. SPDR ICE Preferred Securities ETF has a 12-month low of $27.68 and a 12-month high of $32.56. The firm’s fifty day moving average is $28.44 and its 200 day moving average is $30.38.

SPDR ICE Preferred Securities ETF 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.