NYSEARCA:PSKSPDR Wells Fargo Preferred Stock ETF Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding SPDR Wells Fargo Preferred Stock ETF Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $42.10 +0.20 (+0.48 %) (As of 05/27/2020 04:00 PM ET) Add Share Today's Range$41.87Now: $42.10▼$42.1950-Day Range$38.38MA: $41.45▼$42.0652-Week Range$28.83Now: $42.10▼$44.71Volume171,500 shsAverage Volume335,004 shsMarket Capitalization$1.14 billionP/E RatioN/ADividend Yield5.57%BetaN/A ProfileAdvanced ChartDividendInstitutional OwnershipHeadlinesSocial Media 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 Beat the Market (BTM) Rank™ 1.5 Analyst's Opinion Consensus RatingSPDR Wells Fargo Preferred Stock ETF has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.00, SPDR Wells Fargo Preferred Stock ETF has a potential downside of 47.7% from its current price of $42.10.Amount of Analyst CoverageSPDR Wells Fargo Preferred Stock ETF has received no research coverage in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesSPDR Wells Fargo Preferred Stock ETF has received 66 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSPDR Wells Fargo Preferred Stock ETF has received 55 “underperform” votes. (Add your “underperform” vote.)Community SentimentSPDR Wells Fargo Preferred Stock ETF has received 54.55% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipSPDR Wells Fargo Preferred Stock ETF is a leading dividend payer. It pays a dividend yield of 5.57%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthSPDR Wells Fargo Preferred Stock ETF does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SPDR Wells Fargo Preferred Stock ETF insiders have not sold or bought any company stock. Previous Next 0.0 Earnings and Valuation Previous Next Analyst Opinion: 1.5Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.17 out of 5 stars 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 Webwww.spdrs.com 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$1.14 billion Average Daily Volume$264,517.90 Discount/Premium0.04% 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 AMEX:PSK Rates by TradingView 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PSK shares have increased by 0.5% and is now trading at $42.10. 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 paid 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 5.42%. 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 analysts have issued twelve-month price targets for SPDR Wells Fargo Preferred Stock ETF's shares. Their forecasts range from $22.00 to $22.00. On average, they expect SPDR Wells Fargo Preferred Stock ETF's stock price to reach $22.00 in the next year. This suggests that the stock has a possible downside of 47.7%. View analysts' price targets for SPDR Wells Fargo Preferred Stock ETF. Has SPDR Wells Fargo Preferred Stock ETF been receiving favorable news coverage? News coverage about PSK stock has trended very negative on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 news impact score of -3.8 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutSPDR 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." Who are SPDR Wells Fargo Preferred Stock ETF's major shareholders? SPDR Wells Fargo Preferred Stock ETF's stock is owned by many different institutional and retail investors. Top institutional investors include Morgan Stanley (1.56%), Morgan Stanley (1.52%), UBS Group AG (1.17%), Wells Fargo & Company MN (0.89%), Envestnet Asset Management Inc. (0.80%) and Shulman DeMeo Asset Management LLC (0.56%). 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 CWM LLC, Morgan Stanley, Morgan Stanley, Wells Fargo & Company MN, Envestnet Asset Management Inc., Gradient Investments LLC, AlphaStar Capital Management LLC, and KCS Wealth Advisory. Which institutional investors are buying SPDR Wells Fargo Preferred Stock ETF stock? PSK stock was acquired by a variety of institutional investors in the last quarter, including Sage Advisory Services Ltd.Co., Charles Schwab Trust Co, Raymond James & Associates, Advisor Group Holdings Inc., UBS Group AG, Jane Street Group LLC, Synovus Financial Corp, and Wealthsource Partners LLC. 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 $42.10. How big of a company is SPDR Wells Fargo Preferred Stock ETF? SPDR Wells Fargo Preferred Stock ETF has a market capitalization of $1.14 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 5/27/2020 by MarketBeat.com Staff
