10,100 Shares in Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) Purchased by Bank of Jackson Hole Trust

Bank of Jackson Hole Trust purchased a new position in shares of Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 10,100 shares of the company’s stock, valued at approximately $188,000.

Other hedge funds also recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its holdings in Principal Spectrum Preferred Securities Active ETF by 13.6% in the third quarter. Principal Financial Group Inc. now owns 111,581 shares of the company’s stock valued at $2,099,000 after buying an additional 13,338 shares in the last quarter. US Bancorp DE purchased a new position in Principal Spectrum Preferred Securities Active ETF in the third quarter valued at about $30,000. JPMorgan Chase & Co. increased its holdings in Principal Spectrum Preferred Securities Active ETF by 1,395.0% in the third quarter. JPMorgan Chase & Co. now owns 40,903 shares of the company’s stock valued at $769,000 after buying an additional 38,167 shares in the last quarter. Wealthcare Advisory Partners LLC increased its holdings in Principal Spectrum Preferred Securities Active ETF by 3.9% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 35,921 shares of the company’s stock valued at $668,000 after buying an additional 1,341 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in shares of Principal Spectrum Preferred Securities Active ETF by 3.5% in the third quarter. Rockefeller Capital Management L.P. now owns 93,979 shares of the company’s stock valued at $1,768,000 after purchasing an additional 3,145 shares during the last quarter.

Principal Spectrum Preferred Securities Active ETF Trading Down 0.1 %

PREF stock opened at $18.74 on Thursday. The company’s 50 day simple moving average is $18.68 and its 200-day simple moving average is $18.65. Principal Spectrum Preferred Securities Active ETF has a 12 month low of $17.74 and a 12 month high of $18.87.

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.