21,372 SPDR ICE Preferred Securities ETF $PSK Shares Acquired by United Asset Strategies Inc.

United Asset Strategies Inc. lifted its stake in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 8.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 271,946 shares of the company’s stock after buying an additional 21,372 shares during the period. United Asset Strategies Inc.’s holdings in SPDR ICE Preferred Securities ETF were worth $7,707,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of PSK. Financial Insights Inc. boosted its stake in shares of SPDR ICE Preferred Securities ETF by 1.5% during the third quarter. Financial Insights Inc. now owns 35,356 shares of the company’s stock valued at $1,002,000 after purchasing an additional 511 shares in the last quarter. Park Avenue Securities LLC acquired a new position in shares of SPDR ICE Preferred Securities ETF in the third quarter valued at approximately $4,564,000. Sowell Financial Services LLC acquired a new position in shares of SPDR ICE Preferred Securities ETF in the third quarter valued at approximately $220,000. SRH Advisors LLC bought a new position in SPDR ICE Preferred Securities ETF in the 3rd quarter valued at approximately $46,000. Finally, Fifth Third Securities Inc. bought a new position in SPDR ICE Preferred Securities ETF in the 3rd quarter valued at approximately $567,000.

SPDR ICE Preferred Securities ETF Price Performance

PSK opened at $27.89 on Friday. The company’s 50 day moving average price is $28.76 and its two-hundred day moving average price is $30.58. SPDR ICE Preferred Securities ETF has a fifty-two week low of $27.75 and a fifty-two week high of $32.96.

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.