Mid American Wealth Advisory Group Inc. acquired a new stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,266 shares of the company’s stock, valued at approximately $58,000.
A number of other 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 in the first quarter valued at about $28,000. Bessemer Group Inc. bought a new stake in First Trust Preferred Securities and Income ETF in the 1st quarter worth about $79,000. Capital Analysts LLC increased its stake 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 buying an additional 5,320 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of First Trust Preferred Securities and Income ETF by 12.7% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,160 shares of the company’s stock worth $110,000 after buying an additional 695 shares in the last quarter. Finally, PFG Investments LLC bought a new position in shares of First Trust Preferred Securities and Income ETF during the 2nd quarter worth approximately $190,000.
First Trust Preferred Securities and Income ETF Stock Up 0.4%
FPE stock opened at $18.51 on Tuesday. The business has a 50 day moving average of $18.23 and a 200-day moving average of $17.81. First Trust Preferred Securities and Income ETF has a 12-month low of $16.77 and a 12-month high of $18.51.
First Trust Preferred Securities and Income ETF Profile
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.
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