Fulton Breakefield Broenniman LLC Acquires Shares of 35,781 SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Fulton Breakefield Broenniman LLC purchased a new position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 35,781 shares of the company’s stock, valued at approximately $1,180,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Atlas Private Wealth Advisors lifted its stake 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 purchasing an additional 303,036 shares during the last quarter. ST Germain D J Co. Inc. lifted its stake in shares of SPDR ICE Preferred Securities ETF by 81.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 233,536 shares of the company’s stock worth $7,704,000 after purchasing an additional 104,560 shares during the last quarter. Prospera Financial Services Inc lifted its stake in shares of SPDR ICE Preferred Securities ETF by 1,293.2% during the 3rd quarter. Prospera Financial Services Inc now owns 87,090 shares of the company’s stock worth $3,105,000 after purchasing an additional 80,839 shares during the last quarter. Raymond James & Associates lifted its stake in shares of SPDR ICE Preferred Securities ETF by 62.6% during the 3rd quarter. Raymond James & Associates now owns 191,324 shares of the company’s stock worth $6,823,000 after purchasing an additional 73,689 shares during the last quarter. Finally, Truist Financial Corp lifted its stake in shares of SPDR ICE Preferred Securities ETF by 35.2% during the 2nd quarter. Truist Financial Corp now owns 189,781 shares of the company’s stock worth $6,439,000 after purchasing an additional 49,426 shares during the last quarter.

SPDR ICE Preferred Securities ETF Trading Down 0.6 %

SPDR ICE Preferred Securities ETF stock opened at $33.80 on Wednesday. The stock has a 50-day moving average of $33.63 and a two-hundred day moving average of $34.45. SPDR ICE Preferred Securities ETF has a one year low of $32.30 and a one year 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.