Rockefeller Capital Management L.P. Buys 28,533 Shares of SPDR ICE Preferred Securities ETF $PSK

Rockefeller Capital Management L.P. grew its stake in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 164.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 45,908 shares of the company’s stock after acquiring an additional 28,533 shares during the period. Rockefeller Capital Management L.P. owned 0.19% of SPDR ICE Preferred Securities ETF worth $1,455,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in PSK. Jones Financial Companies Lllp lifted its holdings in SPDR ICE Preferred Securities ETF by 274.9% during the 1st quarter. Jones Financial Companies Lllp now owns 32,800 shares of the company’s stock worth $987,000 after purchasing an additional 24,052 shares during the last quarter. Franklin Resources Inc. acquired a new position in SPDR ICE Preferred Securities ETF in the 2nd quarter valued at $143,000. Betterment LLC increased 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 worth $786,000 after buying an additional 773 shares during the period. Raymond James Financial Inc. increased its position in SPDR ICE Preferred Securities ETF by 7.5% during the 2nd quarter. Raymond James Financial Inc. now owns 305,707 shares of the company’s stock worth $9,709,000 after buying an additional 21,450 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of SPDR ICE Preferred Securities ETF by 8.3% during the second quarter. Ameriprise Financial Inc. now owns 84,149 shares of the company’s stock worth $2,673,000 after buying an additional 6,463 shares in the last quarter.

SPDR ICE Preferred Securities ETF Price Performance

PSK opened at $30.50 on Thursday. The stock has a fifty day moving average of $30.98 and a 200-day moving average of $31.54. SPDR ICE Preferred Securities ETF has a fifty-two week low of $30.35 and a fifty-two week high of $33.77.

SPDR ICE Preferred Securities ETF 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.