MSFT   213.90 (+1.52%)
FB   247.34 (+2.94%)
GOOGL   1,519.65 (+1.33%)
AMZN   3,062.46 (+0.18%)
NVDA   401.38 (+1.98%)
CGC   16.61 (-1.95%)
BABA   239.95 (-0.02%)
MU   50.23 (-1.37%)
GE   6.80 (-2.86%)
TSLA   1,420.10 (+3.54%)
AMD   53.42 (+0.04%)
T   30.42 (-0.23%)
F   6.14 (-0.81%)
BAC   23.07 (-2.49%)
NFLX   498.71 (+0.99%)
BA   181.57 (-3.37%)
MSFT   213.90 (+1.52%)
FB   247.34 (+2.94%)
GOOGL   1,519.65 (+1.33%)
AMZN   3,062.46 (+0.18%)
NVDA   401.38 (+1.98%)
CGC   16.61 (-1.95%)
BABA   239.95 (-0.02%)
MU   50.23 (-1.37%)
GE   6.80 (-2.86%)
TSLA   1,420.10 (+3.54%)
AMD   53.42 (+0.04%)
T   30.42 (-0.23%)
F   6.14 (-0.81%)
BAC   23.07 (-2.49%)
NFLX   498.71 (+0.99%)
BA   181.57 (-3.37%)
MSFT   213.90 (+1.52%)
FB   247.34 (+2.94%)
GOOGL   1,519.65 (+1.33%)
AMZN   3,062.46 (+0.18%)
NVDA   401.38 (+1.98%)
CGC   16.61 (-1.95%)
BABA   239.95 (-0.02%)
MU   50.23 (-1.37%)
GE   6.80 (-2.86%)
TSLA   1,420.10 (+3.54%)
AMD   53.42 (+0.04%)
T   30.42 (-0.23%)
F   6.14 (-0.81%)
BAC   23.07 (-2.49%)
NFLX   498.71 (+0.99%)
BA   181.57 (-3.37%)
MSFT   213.90 (+1.52%)
FB   247.34 (+2.94%)
GOOGL   1,519.65 (+1.33%)
AMZN   3,062.46 (+0.18%)
NVDA   401.38 (+1.98%)
CGC   16.61 (-1.95%)
BABA   239.95 (-0.02%)
MU   50.23 (-1.37%)
GE   6.80 (-2.86%)
TSLA   1,420.10 (+3.54%)
AMD   53.42 (+0.04%)
T   30.42 (-0.23%)
F   6.14 (-0.81%)
BAC   23.07 (-2.49%)
NFLX   498.71 (+0.99%)
BA   181.57 (-3.37%)
Log in

NYSEARCA:PSKSPDR Wells Fargo Preferred Stock ETF Stock Price, Forecast & News

$41.82
+0.03 (+0.07 %)
(As of 07/7/2020 11:43 AM ET)
Add
Today's Range
$41.79
Now: $41.82
$41.94
50-Day Range
$41.14
MA: $41.98
$42.68
52-Week Range
$28.83
Now: $41.82
$44.71
Volume25,284 shs
Average Volume317,548 shs
Market Capitalization$1.13 billion
P/E RatioN/A
Dividend Yield5.50%
BetaN/A
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.
Read More

Geographic Exposure of PSK

Currency Exposure of PSK

Sector Exposure of PSK

Industry Exposure of PSK


Basic Details

Issuer SSgA
Fund NameSPDR Wells Fargo Preferred Stock ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:PSK
Inception Date9/16/2009
Fund ManagerMichael Feehily, Karl Schneider, Amy Scofield
Phone+1-617-7863000

Fund Focus

Asset ClassEquity
BenchmarkWells Fargo Hybrid and Preferred Securities Aggregate Index
CategoryStrategy
FocusPreferred Stock
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$1.13 billion
Average Daily Volume$272,343.30
Discount/Premium0.06%

ETF Expenses

Management Fee0.45%
Other Expenses0.00%
Total Expenses0.45%
Fee Waiver0.00%
Net Expenses0.45%

Administrator, Advisor and Custodian

AdministratorSSGA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Transfer AgentState Street Bank and Trust Company
Trustee
Lead Market MakerVirtu Financial

Receive PSK News and Ratings via Email

Sign-up to receive the latest news and ratings for PSK and its competitors with MarketBeat's FREE daily newsletter.

SPDR Wells Fargo Preferred Stock ETF (NYSEARCA:PSK) Frequently Asked Questions

How has SPDR Wells Fargo Preferred Stock ETF's stock been impacted by COVID-19 (Coronavirus)?

SPDR Wells Fargo Preferred Stock ETF's stock was trading at $41.87 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PSK stock has decreased by 0.1% and is now trading at $41.82. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of SPDR Wells Fargo Preferred Stock ETF?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SPDR Wells Fargo Preferred Stock ETF in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SPDR Wells Fargo Preferred Stock ETF.

How often does SPDR Wells Fargo Preferred Stock ETF pay dividends? What is the dividend yield for SPDR Wells Fargo Preferred Stock ETF?

SPDR Wells Fargo Preferred Stock ETF announced a monthly dividend on Monday, February 3rd. Investors of record on Tuesday, February 4th will be given a dividend of $0.19 per share on Friday, February 7th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 5.45%. The ex-dividend date of this dividend is Monday, February 3rd. View SPDR Wells Fargo Preferred Stock ETF's dividend history.

What price target have analysts set for PSK?

1 Wall Street analysts have issued 12 month target prices for SPDR Wells Fargo Preferred Stock ETF's stock. Their forecasts range from $22.00 to $22.00. On average, they anticipate SPDR Wells Fargo Preferred Stock ETF's share price to reach $22.00 in the next year. This suggests that the stock has a possible downside of 47.4%. View analysts' price targets for SPDR Wells Fargo Preferred Stock ETF.

Has SPDR Wells Fargo Preferred Stock ETF been receiving favorable news coverage?

Press coverage about PSK stock has been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SPDR Wells Fargo Preferred Stock ETF earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about SPDR Wells Fargo Preferred Stock ETF.

What other stocks do shareholders of SPDR Wells Fargo Preferred Stock ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SPDR Wells Fargo Preferred Stock ETF investors own include Alibaba Group (BABA), Adobe (ADBE), Blackrock Taxable Municipal Bond Trust (BBN), Guggenheim Taxabl Mncpl Mngd Drtn Trst (GBAB), United Technologies (UTX), Vertex Pharmaceuticals (VRTX), Analog Devices (ADI), Federal Agricultural Mortgage (AGM), Alteryx (AYX) and Copart (CPRT).

What is SPDR Wells Fargo Preferred Stock ETF's stock symbol?

SPDR Wells Fargo Preferred Stock ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "PSK."

How do I buy shares of SPDR Wells Fargo Preferred Stock ETF?

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

What is SPDR Wells Fargo Preferred Stock ETF's stock price today?

One share of PSK stock can currently be purchased for approximately $41.82.

How big of a company is SPDR Wells Fargo Preferred Stock ETF?

SPDR Wells Fargo Preferred Stock ETF has a market capitalization of $1.13 billion.

What is SPDR Wells Fargo Preferred Stock ETF's official website?

The official website for SPDR Wells Fargo Preferred Stock ETF is www.spdrs.com.

How can I contact SPDR Wells Fargo Preferred Stock ETF?

SPDR Wells Fargo Preferred Stock ETF's mailing address is 1 Lincoln Street, Boston, MA 02111-2900, United States. The company can be reached via phone at +1-617-7863000.

This page was last updated on 7/7/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

  • Best-in-Class Portfolio Monitoring

    View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

  • Stock Ideas and Recommendations

    Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

  • Advanced Stock Screeners and Research Tools

    Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.