CGN Advisors LLC Has $546,000 Position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

CGN Advisors LLC decreased its holdings in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 4.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,553 shares of the company’s stock after selling 827 shares during the period. CGN Advisors LLC owned approximately 0.07% of SPDR ICE Preferred Securities ETF worth $546,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in PSK. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of SPDR ICE Preferred Securities ETF by 56.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,982 shares of the company’s stock worth $230,000 after acquiring an additional 2,532 shares during the last quarter. Park Avenue Securities LLC raised its stake in shares of SPDR ICE Preferred Securities ETF by 13.3% in the fourth 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. Rosenberg Matthew Hamilton lifted its holdings in shares of SPDR ICE Preferred Securities ETF by 3.4% in the fourth quarter. Rosenberg Matthew Hamilton now owns 53,365 shares of the company’s stock valued at $1,761,000 after purchasing an additional 1,742 shares in the last quarter. Matrix Trust Co boosted its position in shares of SPDR ICE Preferred Securities ETF by 759.2% during the fourth quarter. Matrix Trust Co now owns 16,333 shares of the company’s stock valued at $539,000 after buying an additional 14,432 shares during the last quarter. Finally, ST Germain D J Co. Inc. grew its holdings in SPDR ICE Preferred Securities ETF by 81.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 233,536 shares of the company’s stock worth $7,704,000 after buying an additional 104,560 shares in the last quarter.

SPDR ICE Preferred Securities ETF Price Performance

NYSEARCA PSK opened at $33.36 on Friday. The business has a fifty day simple moving average of $33.75 and a 200 day simple moving average of $34.46. SPDR ICE Preferred Securities ETF has a 12 month low of $32.30 and a 12 month 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.