Roman Butler Fullerton & Co. Invests $1.22 Million in First Trust Institutional Preferred Securities and Income ETF $FPEI

Roman Butler Fullerton & Co. acquired a new stake in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 62,992 shares of the company’s stock, valued at approximately $1,223,000. Roman Butler Fullerton & Co. owned about 0.07% of First Trust Institutional Preferred Securities and Income ETF at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Commonwealth Equity Services LLC lifted its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 13.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 328,185 shares of the company’s stock worth $6,347,000 after acquiring an additional 39,168 shares during the last quarter. Synergy Asset Management LLC grew its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 100.0% during the 3rd quarter. Synergy Asset Management LLC now owns 404,680 shares of the company’s stock valued at $7,685,000 after purchasing an additional 202,340 shares during the last quarter. CWM LLC raised its position in First Trust Institutional Preferred Securities and Income ETF by 27.0% in the 3rd quarter. CWM LLC now owns 239,103 shares of the company’s stock worth $4,624,000 after purchasing an additional 50,767 shares during the period. McAdam LLC raised its position in First Trust Institutional Preferred Securities and Income ETF by 29.9% in the 3rd quarter. McAdam LLC now owns 162,584 shares of the company’s stock worth $3,144,000 after purchasing an additional 37,451 shares during the period. Finally, Truist Financial Corp lifted its stake in First Trust Institutional Preferred Securities and Income ETF by 8.7% in the third quarter. Truist Financial Corp now owns 1,313,802 shares of the company’s stock worth $25,409,000 after purchasing an additional 104,624 shares during the last quarter.

First Trust Institutional Preferred Securities and Income ETF Stock Performance

NYSEARCA FPEI opened at $19.26 on Thursday. The company has a 50-day simple moving average of $19.29 and a two-hundred day simple moving average of $19.37. First Trust Institutional Preferred Securities and Income ETF has a 12-month low of $18.17 and a 12-month high of $19.61.

First Trust Institutional Preferred Securities and Income ETF Company Profile

The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities. FPEI was launched on Aug 22, 2017 and is managed by First Trust.