Private Trust Co. NA Increases Position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Private Trust Co. NA lifted its position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 41.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 13,269 shares of the company’s stock after purchasing an additional 3,903 shares during the period. Private Trust Co. NA’s holdings in SPDR ICE Preferred Securities ETF were worth $473,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of PSK. Bank of New York Mellon Corp acquired a new stake in SPDR ICE Preferred Securities ETF in the second quarter valued at $19,949,000. Atlas Private Wealth Advisors raised its position in shares of SPDR ICE Preferred Securities ETF by 210.3% during the 3rd quarter. Atlas Private Wealth Advisors now owns 447,166 shares of the company’s stock worth $15,947,000 after acquiring an additional 303,036 shares in the last quarter. Park Avenue Securities LLC lifted its stake in SPDR ICE Preferred Securities ETF by 10.6% during the third quarter. Park Avenue Securities LLC now owns 368,094 shares of the company’s stock worth $13,126,000 after purchasing an additional 35,267 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in SPDR ICE Preferred Securities ETF by 133.2% in the second quarter. Envestnet Asset Management Inc. now owns 314,732 shares of the company’s stock valued at $10,679,000 after purchasing an additional 179,783 shares in the last quarter. Finally, Sage Advisory Services Ltd.Co. increased its stake in SPDR ICE Preferred Securities ETF by 147.3% in the second quarter. Sage Advisory Services Ltd.Co. now owns 194,882 shares of the company’s stock valued at $6,612,000 after purchasing an additional 116,067 shares during the last quarter.

SPDR ICE Preferred Securities ETF Price Performance

PSK stock opened at $34.37 on Thursday. SPDR ICE Preferred Securities ETF has a twelve month low of $32.57 and a twelve month high of $36.06. The company’s 50 day moving average is $35.21 and its two-hundred day moving average is $34.52.

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.