MassMutual Private Wealth & Trust FSB Purchases 27,508 Shares of Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF)

MassMutual Private Wealth & Trust FSB grew its position in Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) by 24.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 140,891 shares of the company’s stock after purchasing an additional 27,508 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Principal Spectrum Preferred Securities Active ETF were worth $2,622,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Bank of New York Mellon Corp increased its stake in Principal Spectrum Preferred Securities Active ETF by 36.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 34,795 shares of the company’s stock valued at $634,000 after buying an additional 9,352 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Principal Spectrum Preferred Securities Active ETF by 2.5% during the second quarter. Envestnet Asset Management Inc. now owns 513,403 shares of the company’s stock valued at $9,354,000 after acquiring an additional 12,334 shares during the last quarter. Delta Investment Management LLC lifted its holdings in Principal Spectrum Preferred Securities Active ETF by 2.1% during the second quarter. Delta Investment Management LLC now owns 60,837 shares of the company’s stock worth $1,108,000 after acquiring an additional 1,266 shares during the period. NewEdge Advisors LLC boosted its position in Principal Spectrum Preferred Securities Active ETF by 4.1% in the second quarter. NewEdge Advisors LLC now owns 95,013 shares of the company’s stock worth $1,731,000 after purchasing an additional 3,773 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new position in Principal Spectrum Preferred Securities Active ETF in the 2nd quarter valued at $536,000.

Principal Spectrum Preferred Securities Active ETF Trading Up 0.1 %

NYSEARCA PREF opened at $18.63 on Tuesday. The business’s fifty day moving average is $18.68 and its 200-day moving average is $18.59. Principal Spectrum Preferred Securities Active ETF has a one year low of $17.60 and a one year high of $18.84.

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.