SPDR ICE Preferred Securities ETF (PSK) Price, Holdings, & News

ETF Overview

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. In addition, the Fund may invest in securities that are not included in the Index, futures, options, swap contracts and other derivatives, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. The Fund’s investment advisor is SSgA Funds Management, Inc.

Key Stats

• Today's Range: $34.40 to $34.64
• 50-Day Range: $34.55 to $35.95
• 52-Week Range: $32.13 to $36.06
• Volume: 94,977 shs
• Average Volume: 131,951 shs
• Market Capitalization: $801.89 million
• Assets Under Management: $921.97 million
• Dividend Yield: 6.23%
• Net Expense Ratio: 0.45%
• Aggregate Rating: N/A

PSK ETF - Frequently Asked Questions

How have PSK shares performed this year?

SPDR ICE Preferred Securities ETF's stock was trading at $33.52 at the beginning of the year. Since then, PSK stock has increased by 2.9% and is now trading at $34.49.
View the best growth stocks for 2024 here.

Who are SPDR ICE Preferred Securities ETF's major shareholders?

SPDR ICE Preferred Securities ETF's top institutional investors include Atlas Private Wealth Advisors (1.92%), Park Avenue Securities LLC (1.58%), Barry Investment Advisors LLC (1.04%) and Financial Counselors Inc. (0.92%).

How do I buy shares of SPDR ICE Preferred Securities ETF?

Shares of PSK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of SPDR ICE Preferred Securities ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SPDR ICE Preferred Securities ETF investors own include Coca-Cola (KO), Meta Platforms (META), Adobe (ADBE), Kraft Heinz (KHC), AT&T (T), Amgen (AMGN) and Chevron (CVX).

Fund Details

• Issuer: SSgA
• Fund Name: SPDR ICE Preferred Securities ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:PSK
• Inception Date: 9/16/2009
• Fund Manager: Michael Feehily, Karl Schneider, Amy Scofield
• Previous Symbol: NYSE:PSK
• Web: www.spdrs.com
• Phone: +1-617-7863000

Fund Focus

• Asset Class: Equity
• Benchmark: ICE Exchange-Listed Fixed & Adjustable Rate Preferred Securities Index
• Category: Strategy
• Focus: Preferred Stock
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 171

Fund Statistics

• Assets Under Management: $921.97 million
• Average Daily Volume: $121,052.70
• Discount/Premium: 0.02%

Administrator, Advisor and Custodian

• Administrator: SSgA Funds Management, Inc.
• Advisor: SSgA Funds Management, Inc.
• Custodian: State Street Bank and Trust Company
• Distributor: State Street Global Advisors Funds Distributors, LLC
• Transfer Agent: State Street Bank and Trust Company
• Trustee: N/A
• Lead Market Maker: Virtu Financial

Options

• Optionable: Optionable
• Options Volume: 19
• Put Options: 19
• Call Options: 2
• Short Interest: 149,800 shs

Miscellaneous

• Outstanding Shares: 23,250,000
• Beta: 0.48
• Creation Unit: 50,000
• Creation Fee: $750.00