Patton Albertson Miller Group LLC Grows Stock Holdings in SPDR Wells Fargo Preferred Stock ETF (NYSEARCA:PSK)

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Patton Albertson Miller Group LLC raised its stake in SPDR Wells Fargo Preferred Stock ETF (NYSEARCA:PSK) by 9.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,025 shares of the company’s stock after buying an additional 800 shares during the period. Patton Albertson Miller Group LLC’s holdings in SPDR Wells Fargo Preferred Stock ETF were worth $378,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. US Bancorp DE lifted its stake in SPDR Wells Fargo Preferred Stock ETF by 6.3% in the second quarter. US Bancorp DE now owns 5,044 shares of the company’s stock valued at $212,000 after buying an additional 299 shares during the last quarter. Fifth Third Bancorp grew its holdings in shares of SPDR Wells Fargo Preferred Stock ETF by 20.4% in the first quarter. Fifth Third Bancorp now owns 2,306 shares of the company’s stock valued at $90,000 after acquiring an additional 391 shares in the last quarter. Tompkins Financial Corp grew its holdings in shares of SPDR Wells Fargo Preferred Stock ETF by 2.5% in the first quarter. Tompkins Financial Corp now owns 16,331 shares of the company’s stock valued at $640,000 after acquiring an additional 400 shares in the last quarter. Chatham Capital Group Inc. lifted its stake in SPDR Wells Fargo Preferred Stock ETF by 1.8% in the first quarter. Chatham Capital Group Inc. now owns 23,160 shares of the company’s stock valued at $908,000 after purchasing an additional 400 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC lifted its stake in SPDR Wells Fargo Preferred Stock ETF by 0.7% in the second quarter. Signature Estate & Investment Advisors LLC now owns 54,554 shares of the company’s stock valued at $2,283,000 after purchasing an additional 403 shares during the last quarter.

Shares of NYSEARCA:PSK traded up $0.01 during trading on Thursday, hitting $43.75. 1,746 shares of the company were exchanged, compared to its average volume of 295,036. The stock has a 50 day moving average of $42.73 and a 200 day moving average of $41.89. SPDR Wells Fargo Preferred Stock ETF has a 52-week low of $28.83 and a 52-week high of $44.71.

SPDR Wells Fargo Preferred Stock ETF Company 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.

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Institutional Ownership by Quarter for SPDR Wells Fargo Preferred Stock ETF (NYSEARCA:PSK)

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