Nilsine Partners LLC Has $2.17 Million Position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Nilsine Partners LLC lifted its holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 12.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,628 shares of the company’s stock after buying an additional 7,279 shares during the period. Nilsine Partners LLC owned about 0.28% of SPDR ICE Preferred Securities ETF worth $2,165,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of PSK. Atlas Private Wealth Advisors increased its stake in shares of SPDR ICE Preferred Securities ETF by 3.2% in the fourth quarter. Atlas Private Wealth Advisors now owns 461,256 shares of the company’s stock worth $15,217,000 after acquiring an additional 14,090 shares during the last quarter. Park Avenue Securities LLC increased its position in SPDR ICE Preferred Securities ETF by 13.3% in the 4th quarter. Park Avenue Securities LLC now owns 417,139 shares of the company’s stock worth $13,761,000 after purchasing an additional 49,045 shares during the last quarter. ST Germain D J Co. Inc. raised 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 in the last quarter. Raymond James & Associates lifted its holdings 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 valued at $6,823,000 after buying an additional 73,689 shares during the last quarter. Finally, Truist Financial Corp grew its stake in shares of SPDR ICE Preferred Securities ETF by 35.2% in the 2nd quarter. Truist Financial Corp now owns 189,781 shares of the company’s stock valued at $6,439,000 after buying an additional 49,426 shares in the last quarter.

SPDR ICE Preferred Securities ETF Stock Performance

NYSEARCA:PSK opened at $34.01 on Tuesday. The stock’s 50 day moving average price is $33.64 and its 200 day moving average price is $34.45. SPDR ICE Preferred Securities ETF has a 52 week low of $32.30 and a 52 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.