XML Financial LLC Acquires 6,602 Shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

XML Financial LLC boosted its holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 25.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,641 shares of the company’s stock after purchasing an additional 6,602 shares during the period. XML Financial LLC owned about 0.14% of SPDR ICE Preferred Securities ETF worth $1,077,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its position in shares of SPDR ICE Preferred Securities ETF by 133.2% in the second quarter. Envestnet Asset Management Inc. now owns 314,732 shares of the company’s stock valued at $10,679,000 after acquiring an additional 179,783 shares during the last quarter. Elevation Capital Advisory LLC bought a new stake in shares of SPDR ICE Preferred Securities ETF during the 2nd quarter worth approximately $2,931,000. NewEdge Advisors LLC boosted its holdings in shares of SPDR ICE Preferred Securities ETF by 15.3% in the 2nd quarter. NewEdge Advisors LLC now owns 31,914 shares of the company’s stock valued at $1,083,000 after buying an additional 4,225 shares during the last quarter. Truist Financial Corp grew its stake in shares of SPDR ICE Preferred Securities ETF by 35.2% in the second quarter. Truist Financial Corp now owns 189,781 shares of the company’s stock valued at $6,439,000 after buying an additional 49,426 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in SPDR ICE Preferred Securities ETF by 137.7% during the second quarter. Cetera Investment Advisers now owns 64,216 shares of the company’s stock worth $2,179,000 after buying an additional 37,201 shares during the last quarter.

SPDR ICE Preferred Securities ETF Trading Down 0.2 %

Shares of PSK stock opened at $33.68 on Thursday. The company has a fifty day moving average price of $33.69 and a two-hundred day moving average price of $34.45. SPDR ICE Preferred Securities ETF has a one year low of $32.30 and a one year high of $36.06.

About SPDR ICE Preferred Securities ETF

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.