Stratos Wealth Partners LTD. Has $5.85 Million Stake in First Trust Preferred Securities and Income ETF $FPE

Stratos Wealth Partners LTD. increased its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 4.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 328,815 shares of the company’s stock after purchasing an additional 12,706 shares during the period. Stratos Wealth Partners LTD. owned approximately 0.10% of First Trust Preferred Securities and Income ETF worth $5,853,000 as of its most recent filing with the Securities and Exchange Commission.

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

First Trust Preferred Securities and Income ETF Stock Performance

First Trust Preferred Securities and Income ETF stock opened at $18.44 on Friday. The stock’s fifty day moving average price is $18.22 and its two-hundred day moving average price is $17.80. First Trust Preferred Securities and Income ETF has a one year low of $16.77 and a one year 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.