Rockefeller Capital Management L.P. Boosts Stock Holdings in Principal Spectrum Preferred Securities Active ETF $PREF

Rockefeller Capital Management L.P. boosted its position in Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) by 36.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 162,835 shares of the company’s stock after purchasing an additional 43,796 shares during the period. Rockefeller Capital Management L.P. owned about 0.21% of Principal Spectrum Preferred Securities Active ETF worth $3,105,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in PREF. UBS Group AG boosted its stake in shares of Principal Spectrum Preferred Securities Active ETF by 1.4% in the fourth quarter. UBS Group AG now owns 7,181,546 shares of the company’s stock valued at $136,952,000 after buying an additional 97,573 shares in the last quarter. Bensler LLC raised its position in Principal Spectrum Preferred Securities Active ETF by 10.1% in the fourth quarter. Bensler LLC now owns 707,404 shares of the company’s stock worth $13,490,000 after acquiring an additional 64,639 shares in the last quarter. L2 Asset Management LLC purchased a new position in shares of Principal Spectrum Preferred Securities Active ETF in the 3rd quarter valued at about $5,004,000. Mengis Capital Management Inc. acquired a new stake in shares of Principal Spectrum Preferred Securities Active ETF during the 4th quarter valued at approximately $809,000. Finally, Principal Securities Inc. raised its holdings in Principal Spectrum Preferred Securities Active ETF by 37.8% during the fourth quarter. Principal Securities Inc. now owns 927,395 shares of the company’s stock worth $17,685,000 after purchasing an additional 254,600 shares during the last quarter.

Principal Spectrum Preferred Securities Active ETF Stock Performance

Principal Spectrum Preferred Securities Active ETF stock opened at $19.03 on Monday. The firm’s 50-day simple moving average is $19.00 and its 200 day simple moving average is $19.04. Principal Spectrum Preferred Securities Active ETF has a 52 week low of $18.64 and a 52 week high of $19.32.

Principal Spectrum Preferred Securities Active ETF Company Profile

The Principal Spectrum Preferred Securities Active ETF (PREF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a primary focus on $1,000 par preferred securities. PREF was launched on Jul 10, 2017 and is managed by Principal.