Bensler LLC Increases Stock Position in Principal Spectrum Preferred Securities Active ETF $PREF

Bensler LLC increased its holdings in shares of Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) by 10.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 707,404 shares of the company’s stock after buying an additional 64,639 shares during the period. Principal Spectrum Preferred Securities Active ETF makes up 1.4% of Bensler LLC’s holdings, making the stock its 26th biggest holding. Bensler LLC’s holdings in Principal Spectrum Preferred Securities Active ETF were worth $13,490,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Rogco LP lifted its holdings in Principal Spectrum Preferred Securities Active ETF by 0.9% during the fourth quarter. Rogco LP now owns 387,187 shares of the company’s stock worth $7,384,000 after buying an additional 3,484 shares during the period. Comerica Bank increased its holdings in shares of Principal Spectrum Preferred Securities Active ETF by 13.9% in the 4th quarter. Comerica Bank now owns 108,546 shares of the company’s stock valued at $2,070,000 after acquiring an additional 13,228 shares during the period. UBS Group AG increased its holdings in shares of Principal Spectrum Preferred Securities Active ETF by 1.4% in the 4th quarter. UBS Group AG now owns 7,181,546 shares of the company’s stock valued at $136,952,000 after acquiring an additional 97,573 shares during the period. Sanctuary Advisors LLC raised its position in shares of Principal Spectrum Preferred Securities Active ETF by 46.7% in the 4th quarter. Sanctuary Advisors LLC now owns 109,376 shares of the company’s stock worth $2,086,000 after acquiring an additional 34,812 shares in the last quarter. Finally, Meadow Creek Wealth Advisors LLC raised its position in shares of Principal Spectrum Preferred Securities Active ETF by 1.9% in the 4th quarter. Meadow Creek Wealth Advisors LLC now owns 139,176 shares of the company’s stock worth $2,654,000 after acquiring an additional 2,607 shares in the last quarter.

Principal Spectrum Preferred Securities Active ETF Stock Performance

Shares of NYSEARCA PREF opened at $19.01 on Friday. Principal Spectrum Preferred Securities Active ETF has a 1-year low of $18.55 and a 1-year high of $19.32. The business has a fifty day moving average price of $18.99 and a 200 day moving average price of $19.06.

About Principal Spectrum Preferred Securities Active ETF

The Principal Spectrum Preferred Securities Active ETF (PREF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a primary focus on $1,000 par preferred securities. PREF was launched on Jul 10, 2017 and is managed by Principal.