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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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NYSEARCA:PSK

SPDR Wells Fargo Preferred Stock ETF Stock Forecast, Price & News

$42.50
+0.13 (+0.31 %)
(As of 03/2/2021 12:00 AM ET)
Add
Today's Range
$42.37
Now: $42.50
$42.60
50-Day Range
$42.16
MA: $43.16
$43.81
52-Week Range
$28.83
Now: $42.50
$44.44
Volume269,858 shs
Average Volume289,509 shs
Market Capitalization$1.30 billion
P/E RatioN/A
Dividend Yield5.27%
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$1.25 billion
Average Daily Volume$153,163.70
Discount/Premium0.03%

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

Geographic Exposure of PSK

Currency Exposure of PSK

Sector Exposure of PSK

Industry Exposure of PSK

$42.50
+0.13 (+0.31 %)
(As of 03/2/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

What stocks does MarketBeat like better than SPDR Wells Fargo Preferred Stock ETF?

Wall Street analysts have given SPDR Wells Fargo Preferred Stock ETF a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but SPDR Wells Fargo Preferred Stock ETF wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How has SPDR Wells Fargo Preferred Stock ETF's stock price been impacted by Coronavirus?

SPDR Wells Fargo Preferred Stock ETF's stock was trading at $41.87 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PSK shares have increased by 1.5% and is now trading at $42.50.
View which stocks have been most impacted by COVID-19
.

Is SPDR Wells Fargo Preferred Stock ETF a good dividend stock?

SPDR Wells Fargo Preferred Stock ETF pays an annual dividend of $2.24 per share and currently has a dividend yield of 5.27%. PSK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View SPDR Wells Fargo Preferred Stock ETF's dividend history.

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), AT&T (T), Applied Materials (AMAT), salesforce.com (CRM), The Walt Disney (DIS), Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB), The Home Depot (HD), Marathon Petroleum (MPC), NIO (NIO) and Pfizer (PFE).

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 shareholders include Wells Fargo & Company MN (2.72%), LPL Financial LLC (1.50%), Allworth Financial LP (1.50%), Donoghue Forlines LLC (1.42%), ST Germain D J Co. Inc. (1.27%) and Morgan Stanley (1.21%).

Which major 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 Mechanics Bank Trust Department, Truist Financial Corp, Allworth Financial LP, Sage Advisory Services Ltd.Co., FDx Advisors Inc., CBIZ Investment Advisory Services LLC, National Asset Management Inc., and AE Wealth Management LLC.

Which major 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 Donoghue Forlines LLC, Proequities Inc., LPL Financial LLC, Mid Atlantic Financial Management Inc. ADV, Morgan Stanley, HBW Advisory Services LLC, Cambridge Investment Research Advisors Inc., and Renaissance Technologies 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

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

One share of PSK stock can currently be purchased for approximately $42.50.

How much money does SPDR Wells Fargo Preferred Stock ETF make?

SPDR Wells Fargo Preferred Stock ETF has a market capitalization of $1.30 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.

Where are SPDR Wells Fargo Preferred Stock ETF's headquarters?

SPDR Wells Fargo Preferred Stock ETF is headquartered at 1 Lincoln Street, Boston, MA 02111-2900, United States.

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 3/3/2021 by MarketBeat.com Staff

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