World Investment Advisors LLC Grows Stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

World Investment Advisors LLC grew its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 7.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,606 shares of the company’s stock after buying an additional 1,801 shares during the quarter. World Investment Advisors LLC owned 0.11% of SPDR ICE Preferred Securities ETF worth $913,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of New York Mellon Corp purchased a new stake in SPDR ICE Preferred Securities ETF in the second quarter worth about $19,949,000. Atlas Private Wealth Advisors raised its holdings in shares of SPDR ICE Preferred Securities ETF by 210.3% in the 3rd quarter. Atlas Private Wealth Advisors now owns 447,166 shares of the company’s stock valued at $15,947,000 after purchasing an additional 303,036 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of SPDR ICE Preferred Securities ETF by 133.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 314,732 shares of the company’s stock worth $10,679,000 after purchasing an additional 179,783 shares during the period. Sage Advisory Services Ltd.Co. boosted its stake in shares of SPDR ICE Preferred Securities ETF by 147.3% during 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 in the last quarter. Finally, Raymond James & Associates increased its holdings in SPDR ICE Preferred Securities ETF by 500.6% during the second quarter. Raymond James & Associates now owns 117,635 shares of the company’s stock valued at $3,991,000 after buying an additional 98,049 shares during the period.

SPDR ICE Preferred Securities ETF Stock Performance

SPDR ICE Preferred Securities ETF stock opened at $33.72 on Monday. The business has a fifty day moving average of $34.80 and a two-hundred day moving average of $34.57. SPDR ICE Preferred Securities ETF has a twelve month low of $32.86 and a twelve month high of $36.06.

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.