Belpointe Asset Management LLC reduced its position in shares of Principal Spectrum Preferred Securities Active ETF (BATS:PREF – Get Rating) by 12.0% during the first quarter, Holdings Channel.com reports. The fund owned 10,650 shares of the company's stock after selling 1,448 shares during the quarter. Belpointe Asset Management LLC's holdings in Principal Spectrum Preferred Securities Active ETF were worth $202,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of PREF. Kestra Advisory Services LLC grew its holdings in Principal Spectrum Preferred Securities Active ETF by 7.7% during the fourth quarter. Kestra Advisory Services LLC now owns 18,028 shares of the company's stock worth $366,000 after acquiring an additional 1,282 shares during the period. J.W. Cole Advisors Inc. acquired a new position in shares of Principal Spectrum Preferred Securities Active ETF in the 4th quarter valued at $857,000. CWM LLC acquired a new position in shares of Principal Spectrum Preferred Securities Active ETF in the 4th quarter valued at $191,000. Capital Investment Advisory Services LLC boosted its position in shares of Principal Spectrum Preferred Securities Active ETF by 3.1% in the 4th quarter. Capital Investment Advisory Services LLC now owns 23,091 shares of the company's stock valued at $468,000 after purchasing an additional 684 shares during the period. Finally, Advisor Group Holdings Inc. boosted its position in shares of Principal Spectrum Preferred Securities Active ETF by 2.1% in the 4th quarter. Advisor Group Holdings Inc. now owns 317,189 shares of the company's stock valued at $6,435,000 after purchasing an additional 6,568 shares during the period.

Principal Spectrum Preferred Securities Active ETF Trading Up 0.9 %

BATS:PREF opened at $17.62 on Thursday. Principal Spectrum Preferred Securities Active ETF has a 1-year low of $98.13 and a 1-year high of $101.54. The stock has a fifty day simple moving average of $17.55 and a 200 day simple moving average of $18.57.

Further Reading

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Want to see what other hedge funds are holding PREF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Principal Spectrum Preferred Securities Active ETF (BATS:PREF – Get Rating).

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