Osaic Holdings Inc. Buys 19,052 Shares of SPDR ICE Preferred Securities ETF $PSK

Osaic Holdings Inc. raised its position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 54.4% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 54,067 shares of the company’s stock after buying an additional 19,052 shares during the period. Osaic Holdings Inc. owned about 0.21% of SPDR ICE Preferred Securities ETF worth $1,718,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Cornerstone Financial Group LLC NE raised its position in shares of SPDR ICE Preferred Securities ETF by 1.9% during the second quarter. Cornerstone Financial Group LLC NE now owns 18,194 shares of the company’s stock worth $578,000 after acquiring an additional 345 shares during the last quarter. Wealthcare Advisory Partners LLC increased its position in SPDR ICE Preferred Securities ETF by 1.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 38,194 shares of the company’s stock worth $1,213,000 after purchasing an additional 448 shares during the period. Comerica Bank raised its holdings in SPDR ICE Preferred Securities ETF by 4.9% during the 1st quarter. Comerica Bank now owns 9,966 shares of the company’s stock worth $323,000 after purchasing an additional 465 shares during the last quarter. Sowell Financial Services LLC lifted its position in SPDR ICE Preferred Securities ETF by 4.3% during the 2nd quarter. Sowell Financial Services LLC now owns 16,010 shares of the company’s stock valued at $508,000 after purchasing an additional 656 shares during the period. Finally, Betterment LLC lifted its position in SPDR ICE Preferred Securities ETF by 3.2% during the 2nd quarter. Betterment LLC now owns 24,739 shares of the company’s stock valued at $786,000 after purchasing an additional 773 shares during the period.

SPDR ICE Preferred Securities ETF Trading Down 0.3%

Shares of NYSEARCA:PSK opened at $31.66 on Tuesday. The company has a 50 day moving average of $32.18 and a 200-day moving average of $32.39. SPDR ICE Preferred Securities ETF has a one year low of $30.85 and a one year high of $34.08.

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.