Chicago Partners Investment Group LLC Has $7.53 Million Stock Holdings in First Trust Preferred Securities and Income ETF $FPE

Chicago Partners Investment Group LLC boosted its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 2.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 422,228 shares of the company’s stock after purchasing an additional 11,068 shares during the period. Chicago Partners Investment Group LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $7,528,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. purchased a new stake in shares of First Trust Preferred Securities and Income ETF during the 1st quarter worth about $28,000. Bessemer Group Inc. acquired a new position in First Trust Preferred Securities and Income ETF in the first quarter worth approximately $79,000. Capital Analysts LLC increased its holdings in First Trust Preferred Securities and Income ETF by 13,641.0% in the first quarter. Capital Analysts LLC now owns 5,359 shares of the company’s stock worth $94,000 after buying an additional 5,320 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in First Trust Preferred Securities and Income ETF by 12.7% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,160 shares of the company’s stock valued at $110,000 after acquiring an additional 695 shares in the last quarter. Finally, Mendota Financial Group LLC raised its position in First Trust Preferred Securities and Income ETF by 20.7% during the first quarter. Mendota Financial Group LLC now owns 8,814 shares of the company’s stock valued at $155,000 after acquiring an additional 1,513 shares in the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

FPE stock opened at $18.44 on Friday. The firm has a 50 day moving average of $18.22 and a two-hundred day moving average of $17.80. First Trust Preferred Securities and Income ETF has a 12 month low of $16.77 and a 12 month high of $18.47.

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.