Barry Investment Advisors LLC Sells 36,523 Shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Barry Investment Advisors LLC reduced its stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 15.0% during the 4th quarter, Holdings Channel reports. The firm owned 206,421 shares of the company’s stock after selling 36,523 shares during the period. SPDR ICE Preferred Securities ETF makes up 2.2% of Barry Investment Advisors LLC’s holdings, making the stock its 13th biggest holding. Barry Investment Advisors LLC’s holdings in SPDR ICE Preferred Securities ETF were worth $6,810,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in PSK. Larson Financial Group LLC bought a new position in shares of SPDR ICE Preferred Securities ETF during the third quarter worth $31,000. Matrix Trust Co bought a new position in SPDR ICE Preferred Securities ETF in the third quarter valued at approximately $68,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in SPDR ICE Preferred Securities ETF by 98.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,450 shares of the company’s stock valued at $159,000 after acquiring an additional 2,203 shares in the last quarter. RFG Advisory LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF in the fourth quarter valued at about $221,000. Finally, Clear Creek Financial Management LLC bought a new position in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter worth approximately $232,000.

SPDR ICE Preferred Securities ETF Stock Performance

SPDR ICE Preferred Securities ETF stock opened at $33.80 on Wednesday. The firm has a 50-day moving average of $33.63 and a 200-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.

SPDR ICE Preferred Securities ETF Company 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.