First Citizens Financial Corp Buys 1,270 Shares of Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF)

First Citizens Financial Corp lifted its stake in shares of Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) by 2.5% during the 4th quarter, HoldingsChannel reports. The firm owned 52,609 shares of the company’s stock after acquiring an additional 1,270 shares during the period. First Citizens Financial Corp’s holdings in Principal Spectrum Preferred Securities Active ETF were worth $979,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its holdings in shares of Principal Spectrum Preferred Securities Active ETF by 1,395.0% during the third quarter. JPMorgan Chase & Co. now owns 40,903 shares of the company’s stock worth $769,000 after buying an additional 38,167 shares in the last quarter. Principal Financial Group Inc. grew its position in Principal Spectrum Preferred Securities Active ETF by 13.6% during the 3rd quarter. Principal Financial Group Inc. now owns 111,581 shares of the company’s stock worth $2,099,000 after acquiring an additional 13,338 shares during the last quarter. Sanctuary Advisors LLC increased its holdings in Principal Spectrum Preferred Securities Active ETF by 110.4% in the 3rd quarter. Sanctuary Advisors LLC now owns 63,001 shares of the company’s stock worth $1,179,000 after purchasing an additional 33,052 shares in the last quarter. Benjamin Edwards Inc. raised its position in Principal Spectrum Preferred Securities Active ETF by 787.5% in the third quarter. Benjamin Edwards Inc. now owns 744,305 shares of the company’s stock valued at $14,000,000 after purchasing an additional 660,443 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of Principal Spectrum Preferred Securities Active ETF by 3.5% during the third quarter. Rockefeller Capital Management L.P. now owns 93,979 shares of the company’s stock valued at $1,768,000 after purchasing an additional 3,145 shares in the last quarter.

Principal Spectrum Preferred Securities Active ETF Stock Performance

Shares of Principal Spectrum Preferred Securities Active ETF stock traded up $0.01 on Friday, hitting $18.63. The stock had a trading volume of 35,319 shares, compared to its average volume of 117,163. The stock has a 50 day moving average of $18.69 and a 200 day moving average of $18.56. Principal Spectrum Preferred Securities Active ETF has a twelve month low of $17.42 and a twelve month high of $18.84.

Principal Spectrum Preferred Securities Active ETF Profile

The Principal Spectrum Preferred Securities Active ETF (PREF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a primary focus on $1,000 par preferred securities. PREF was launched on Jul 10, 2017 and is managed by Principal.