Log in

NYSEARCA:PSK - SPDR Wells Fargo Preferred Stock ETF Stock Price, Forecast & News

$43.20
-0.04 (-0.09 %)
(As of 12/6/2019 08:16 AM ET)
Add
Today's Range
$43.15
Now: $43.20
$43.33
50-Day Range
$43.17
MA: $43.86
$44.38
52-Week Range
$38.53
Now: $43.20
$44.40
Volume84,400 shs
Average Volume140,904 shs
Market Capitalization$1.04 billion
P/E RatioN/A
Dividend Yield5.81%
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.

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$1.04 billion
Average Daily Volume$150,709.90
Discount/Premium1,975.74%

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.


Geographic Exposure of SPDR Wells Fargo Preferred Stock ETF (NYSEARCA:PSK)
Currency Exposure of SPDR Wells Fargo Preferred Stock ETF (NYSEARCA:PSK)
Sector Exposure of SPDR Wells Fargo Preferred Stock ETF (NYSEARCA:PSK)
Industry Exposure of SPDR Wells Fargo Preferred Stock ETF (NYSEARCA:PSK)

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

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 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 -- dividend on Tuesday, September 3rd. Investors of record on Wednesday, September 4th will be paid a dividend of $0.20 per share on Monday, September 9th. This represents a yield of 5.8%. The ex-dividend date is Tuesday, September 3rd. View SPDR Wells Fargo Preferred Stock ETF's Dividend History.

What price target have analysts set for PSK?

2 brokers have issued 12-month price targets for SPDR Wells Fargo Preferred Stock ETF's stock. Their forecasts range from $20.50 to $22.00. On average, they anticipate SPDR Wells Fargo Preferred Stock ETF's stock price to reach $21.25 in the next year. This suggests that the stock has a possible downside of 50.8%. View Analyst Price Targets for SPDR Wells Fargo Preferred Stock ETF.

What is the consensus analysts' recommendation for SPDR Wells Fargo Preferred Stock ETF?

2 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 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings 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 trended very positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SPDR Wells Fargo Preferred Stock ETF earned a news sentiment score of 3.5 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for SPDR Wells Fargo Preferred Stock ETF.

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

Who are SPDR Wells Fargo Preferred Stock ETF's major shareholders?

SPDR Wells Fargo Preferred Stock ETF's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Allworth Financial LP (2.28%), CWM LLC (1.63%), Envestnet Asset Management Inc. (1.32%), ST Germain D J Co. Inc. (0.73%), Shulman DeMeo Asset Management LLC (0.56%) and Redwood Investment Management LLC (0.52%).

Which institutional investors are selling SPDR Wells Fargo Preferred Stock ETF stock?

PSK stock was sold by a variety of institutional investors in the last quarter, including Redwood Investment Management LLC, Investment Partners LTD., Matthew Goff Investment Advisor LLC, Guidant Wealth Advisors, Strategic Wealth Partners Ltd., Diligent Investors LLC, SWS Partners and Regal Investment Advisors LLC.

Which institutional investors are buying SPDR Wells Fargo Preferred Stock ETF stock?

PSK stock was purchased by a variety of institutional investors in the last quarter, including Mechanics Bank Trust Department, CWM LLC, ST Germain D J Co. Inc., AE Wealth Management LLC, Measured Wealth Private Client Group LLC, Bluefin Trading LLC, Shulman DeMeo Asset Management LLC and Allworth Financial LP.

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 $43.20.

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

SPDR Wells Fargo Preferred Stock ETF has a market capitalization of $1.04 billion. View Additional Information About SPDR Wells Fargo Preferred Stock ETF.

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

The official website for SPDR Wells Fargo Preferred Stock ETF is http://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.


MarketBeat Community Rating for SPDR Wells Fargo Preferred Stock ETF (NYSEARCA PSK)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  60 (Vote Outperform)
Underperform Votes:  50 (Vote Underperform)
Total Votes:  110
MarketBeat's community ratings are surveys of what our community members think about SPDR Wells Fargo Preferred Stock ETF and other stocks. Vote "Outperform" if you believe PSK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PSK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/6/2019 by MarketBeat.com Staff

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.

Yahoo Gemini Pixel