Investors Research Corp Has $3.12 Million Stock Holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Investors Research Corp cut its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 94,480 shares of the company’s stock after selling 1,236 shares during the period. SPDR ICE Preferred Securities ETF accounts for approximately 0.7% of Investors Research Corp’s investment portfolio, making the stock its 29th biggest holding. Investors Research Corp’s holdings in SPDR ICE Preferred Securities ETF were worth $3,117,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Independent Advisor Alliance acquired a new stake in shares of SPDR ICE Preferred Securities ETF in the 4th quarter valued at about $219,000. Rialto Wealth Management LLC acquired a new position in SPDR ICE Preferred Securities ETF during the 4th quarter valued at about $36,000. Elevation Capital Advisory LLC acquired a new position in SPDR ICE Preferred Securities ETF during the 4th quarter valued at about $2,889,000. Raymond James Financial Inc. acquired a new position in SPDR ICE Preferred Securities ETF during the 4th quarter valued at about $7,704,000. Finally, NewSquare Capital LLC boosted its stake in SPDR ICE Preferred Securities ETF by 0.4% during the 4th quarter. NewSquare Capital LLC now owns 228,226 shares of the company’s stock valued at $7,529,000 after purchasing an additional 925 shares during the last quarter.

SPDR ICE Preferred Securities ETF Trading Down 0.7 %

PSK stock opened at $32.90 on Monday. SPDR ICE Preferred Securities ETF has a 52-week low of $32.30 and a 52-week high of $36.06. The business has a 50-day simple moving average of $33.34 and a two-hundred day simple moving average of $34.30.

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.