ST Germain D J Co. Inc. Has $7.70 Million Stock Position in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

ST Germain D J Co. Inc. increased its holdings in shares of SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 81.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 233,536 shares of the company’s stock after purchasing an additional 104,560 shares during the period. ST Germain D J Co. Inc. owned 1.00% of SPDR ICE Preferred Securities ETF worth $7,704,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. SK Wealth Management LLC acquired a new position in shares of SPDR ICE Preferred Securities ETF during the 3rd quarter worth approximately $1,217,000. JPMorgan Chase & Co. increased its holdings in shares of SPDR ICE Preferred Securities ETF by 1.4% in the third quarter. JPMorgan Chase & Co. now owns 64,122 shares of the company’s stock valued at $2,287,000 after purchasing an additional 882 shares during the last quarter. Synovus Financial Corp lifted its stake in shares of SPDR ICE Preferred Securities ETF by 110.1% during the 3rd quarter. Synovus Financial Corp now owns 42,599 shares of the company’s stock worth $1,519,000 after buying an additional 22,327 shares during the last quarter. World Investment Advisors LLC boosted its holdings in shares of SPDR ICE Preferred Securities ETF by 7.6% during the 3rd quarter. World Investment Advisors LLC now owns 25,606 shares of the company’s stock worth $913,000 after buying an additional 1,801 shares during the period. Finally, Voya Financial Advisors Inc. boosted its holdings in shares of SPDR ICE Preferred Securities ETF by 108.8% during the 3rd quarter. Voya Financial Advisors Inc. now owns 52,972 shares of the company’s stock worth $1,899,000 after buying an additional 27,605 shares during the period.

SPDR ICE Preferred Securities ETF Stock Down 0.7 %

SPDR ICE Preferred Securities ETF stock traded down $0.23 during trading hours on Friday, hitting $32.82. The company had a trading volume of 83,530 shares, compared to its average volume of 180,738. The firm has a 50-day moving average of $34.00 and a 200 day moving average of $34.50. SPDR ICE Preferred Securities ETF has a one year low of $32.68 and a one year high of $36.06.

About SPDR ICE Preferred Securities ETF

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.