SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) Position Reduced by Financial Counselors Inc.

Financial Counselors Inc. trimmed its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 14.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 215,027 shares of the company’s stock after selling 37,254 shares during the quarter. Financial Counselors Inc. owned approximately 0.92% of SPDR ICE Preferred Securities ETF worth $7,668,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Larson Financial Group LLC acquired a new position in SPDR ICE Preferred Securities ETF during the third quarter valued at $31,000. Matrix Trust Co purchased a new position in SPDR ICE Preferred Securities ETF during the 3rd quarter valued at about $68,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR ICE Preferred Securities ETF in the 2nd quarter valued at about $76,000. International Assets Investment Management LLC purchased a new stake in shares of SPDR ICE Preferred Securities ETF in the second quarter worth approximately $117,000. Finally, Clear Creek Financial Management LLC acquired a new stake in shares of SPDR ICE Preferred Securities ETF during the third quarter worth approximately $232,000.

SPDR ICE Preferred Securities ETF Stock Up 0.0 %

Shares of PSK opened at $34.37 on Friday. The company’s 50 day moving average price is $35.15 and its 200 day moving average price is $34.52. SPDR ICE Preferred Securities ETF has a 52 week low of $32.57 and a 52 week 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.