Envestnet Asset Management Inc. Purchases 18,827 Shares of Principal Spectrum Preferred Securities Active ETF (BATS:PREF)

Envestnet Asset Management Inc. boosted its stake in shares of Principal Spectrum Preferred Securities Active ETF (BATS:PREF) by 34.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 73,629 shares of the company’s stock after purchasing an additional 18,827 shares during the period. Envestnet Asset Management Inc.’s holdings in Principal Spectrum Preferred Securities Active ETF were worth $1,526,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in PREF. Eqis Capital Management Inc. purchased a new stake in shares of Principal Spectrum Preferred Securities Active ETF in the 1st quarter valued at $2,333,000. Anfield Capital Management LLC purchased a new stake in Principal Spectrum Preferred Securities Active ETF during the second quarter worth $81,000. PSI Advisors LLC boosted its holdings in Principal Spectrum Preferred Securities Active ETF by 94.9% during the first quarter. PSI Advisors LLC now owns 109,583 shares of the company’s stock worth $2,233,000 after buying an additional 53,369 shares in the last quarter. Community Bank N.A. boosted its holdings in Principal Spectrum Preferred Securities Active ETF by 8.3% during the second quarter. Community Bank N.A. now owns 130,780 shares of the company’s stock worth $2,710,000 after buying an additional 10,000 shares in the last quarter. Finally, MainStreet Investment Advisors LLC purchased a new stake in Principal Spectrum Preferred Securities Active ETF during the first quarter worth $1,703,000.

BATS:PREF opened at $20.83 on Tuesday. The company has a fifty day moving average of $20.77 and a two-hundred day moving average of $20.61. Principal Spectrum Preferred Securities Active ETF has a fifty-two week low of $98.13 and a fifty-two week high of $101.54.

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Institutional Ownership by Quarter for Principal Spectrum Preferred Securities Active ETF (BATS:PREF)

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