Moors & Cabot Inc. Sells 1,349 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Moors & Cabot Inc. cut its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 1.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 97,505 shares of the company’s stock after selling 1,349 shares during the quarter. Moors & Cabot Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $1,715,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of FPE. US Bancorp DE lifted its position in First Trust Preferred Securities and Income ETF by 1.9% during the first quarter. US Bancorp DE now owns 156,286 shares of the company’s stock valued at $2,750,000 after purchasing an additional 2,846 shares during the last quarter. Shufro Rose & Co. LLC raised its position in shares of First Trust Preferred Securities and Income ETF by 37.9% during the 1st quarter. Shufro Rose & Co. LLC now owns 18,200 shares of the company’s stock valued at $320,000 after buying an additional 5,000 shares in the last quarter. Harbour Investments Inc. raised its position in shares of First Trust Preferred Securities and Income ETF by 5.1% during the 1st quarter. Harbour Investments Inc. now owns 375,089 shares of the company’s stock valued at $6,598,000 after buying an additional 18,367 shares in the last quarter. Private Advisory Group LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 1.4% in the 1st quarter. Private Advisory Group LLC now owns 146,465 shares of the company’s stock valued at $2,576,000 after acquiring an additional 2,084 shares during the last quarter. Finally, FSB Premier Wealth Management Inc. grew its position in First Trust Preferred Securities and Income ETF by 107.7% in the first quarter. FSB Premier Wealth Management Inc. now owns 37,028 shares of the company’s stock worth $651,000 after acquiring an additional 19,197 shares in the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

Shares of NYSEARCA FPE opened at $17.89 on Friday. First Trust Preferred Securities and Income ETF has a 1-year low of $16.77 and a 1-year high of $18.23. The business’s 50 day moving average is $17.76 and its two-hundred day moving average is $17.63.

About First Trust Preferred Securities and Income ETF

The First Trust Preferred Securities and Income ETF (FPE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that attempts to generate income by investing globally in preferred equities and income producing debt across the market cap spectrum.