LexAurum Advisors LLC Has $446,000 Position in Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF)

LexAurum Advisors LLC raised its stake in shares of Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) by 40.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,940 shares of the company’s stock after buying an additional 6,847 shares during the period. LexAurum Advisors LLC’s holdings in Principal Spectrum Preferred Securities Active ETF were worth $446,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. US Bancorp DE acquired a new stake in shares of Principal Spectrum Preferred Securities Active ETF during the 3rd quarter valued at $30,000. Pinnacle Bancorp Inc. lifted its stake in shares of Principal Spectrum Preferred Securities Active ETF by 46.4% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 4,120 shares of the company’s stock valued at $77,000 after purchasing an additional 1,305 shares during the last quarter. Financial Counselors Inc. acquired a new stake in shares of Principal Spectrum Preferred Securities Active ETF in the 3rd quarter valued at $223,000. Alpha Financial Partners LLC acquired a new stake in shares of Principal Spectrum Preferred Securities Active ETF in the 3rd quarter valued at $257,000. Finally, Ehrlich Financial Group lifted its stake in shares of Principal Spectrum Preferred Securities Active ETF by 9.5% in the 4th quarter. Ehrlich Financial Group now owns 14,940 shares of the company’s stock valued at $278,000 after purchasing an additional 1,296 shares during the last quarter.

Principal Spectrum Preferred Securities Active ETF Stock Up 0.1 %

PREF stock opened at $18.68 on Friday. Principal Spectrum Preferred Securities Active ETF has a 1 year low of $17.64 and a 1 year high of $18.84. The company has a fifty day simple moving average of $18.68 and a 200 day simple moving average of $18.60.

Principal Spectrum Preferred Securities Active ETF Profile

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.