Elevation Capital Advisory LLC Buys New Stake in SPDR ICE Preferred Securities ETF $PSK

Elevation Capital Advisory LLC purchased a new position in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 75,693 shares of the company’s stock, valued at approximately $2,503,000. Elevation Capital Advisory LLC owned 0.31% of SPDR ICE Preferred Securities ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in SPDR ICE Preferred Securities ETF by 2.7% during the second quarter. Envestnet Asset Management Inc. now owns 582,101 shares of the company’s stock worth $18,488,000 after acquiring an additional 15,335 shares during the period. DAVENPORT & Co LLC boosted its position in SPDR ICE Preferred Securities ETF by 19.8% in the 2nd quarter. DAVENPORT & Co LLC now owns 8,171 shares of the company’s stock worth $260,000 after purchasing an additional 1,350 shares in the last quarter. Osaic Holdings Inc. boosted its position in SPDR ICE Preferred Securities ETF by 54.4% in the 2nd quarter. Osaic Holdings Inc. now owns 54,067 shares of the company’s stock worth $1,718,000 after purchasing an additional 19,052 shares in the last quarter. NBT Bank N A NY grew its stake in shares of SPDR ICE Preferred Securities ETF by 46.0% during the 2nd quarter. NBT Bank N A NY now owns 22,216 shares of the company’s stock worth $706,000 after purchasing an additional 6,995 shares during the period. Finally, Sharper & Granite LLC increased its holdings in shares of SPDR ICE Preferred Securities ETF by 12.8% during the 2nd quarter. Sharper & Granite LLC now owns 18,075 shares of the company’s stock valued at $579,000 after purchasing an additional 2,050 shares in the last quarter.

SPDR ICE Preferred Securities ETF Trading Up 0.3%

PSK opened at $32.42 on Friday. The firm has a fifty day moving average price of $31.98 and a 200 day moving average price of $32.43. SPDR ICE Preferred Securities ETF has a 1 year low of $30.85 and a 1 year high of $34.08.

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.