SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Stock Holdings Cut by Sequent Planning LLC

Sequent Planning LLC reduced its position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 18.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,729 shares of the company’s stock after selling 3,015 shares during the quarter. Sequent Planning LLC owned about 0.06% of SPDR ICE Preferred Securities ETF worth $453,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PSK. PNC Financial Services Group Inc. boosted its stake in SPDR ICE Preferred Securities ETF by 92.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 89,449 shares of the company’s stock valued at $3,190,000 after purchasing an additional 42,861 shares in the last quarter. Larson Financial Group LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter worth $31,000. Private Trust Co. NA boosted its stake in shares of SPDR ICE Preferred Securities ETF by 41.7% during the 3rd quarter. Private Trust Co. NA now owns 13,269 shares of the company’s stock worth $473,000 after acquiring an additional 3,903 shares in the last quarter. Transamerica Financial Advisors Inc. boosted its stake in shares of SPDR ICE Preferred Securities ETF by 32,505.0% during the 3rd quarter. Transamerica Financial Advisors Inc. now owns 26,084 shares of the company’s stock worth $931,000 after acquiring an additional 26,004 shares in the last quarter. Finally, Rockefeller Capital Management L.P. bought a new stake in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter worth $520,000.

SPDR ICE Preferred Securities ETF Price Performance

PSK opened at $33.05 on Monday. The business has a fifty day simple moving average of $33.29 and a 200-day simple moving average of $34.17. SPDR ICE Preferred Securities ETF has a fifty-two week low of $32.30 and a fifty-two week high of $36.06.

About SPDR ICE Preferred Securities ETF

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.