XML Financial LLC Has $1.08 Million Stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

XML Financial LLC lifted its stake in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 25.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,641 shares of the company’s stock after buying an additional 6,602 shares during the period. XML Financial LLC’s holdings in SPDR ICE Preferred Securities ETF were worth $1,077,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Larson Financial Group LLC acquired a new stake in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter worth $31,000. Matrix Trust Co acquired a new stake in SPDR ICE Preferred Securities ETF during the third quarter worth about $68,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in SPDR ICE Preferred Securities ETF by 98.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,450 shares of the company’s stock valued at $159,000 after buying an additional 2,203 shares during the period. Clear Creek Financial Management LLC acquired a new position in shares of SPDR ICE Preferred Securities ETF in the 3rd quarter valued at approximately $232,000. Finally, Hilton Capital Management LLC lifted its holdings in shares of SPDR ICE Preferred Securities ETF by 20.3% during the 3rd quarter. Hilton Capital Management LLC now owns 10,275 shares of the company’s stock worth $366,000 after acquiring an additional 1,735 shares during the period.

SPDR ICE Preferred Securities ETF Price Performance

Shares of NYSEARCA:PSK opened at $33.68 on Thursday. SPDR ICE Preferred Securities ETF has a 1 year low of $32.30 and a 1 year high of $36.06. The company’s 50 day simple moving average is $33.69 and its 200 day simple moving average is $34.45.

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.