Juno Financial Group LLC Makes New Investment in First Trust Preferred Securities and Income ETF $FPE

Juno Financial Group LLC acquired a new position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 305,206 shares of the company’s stock, valued at approximately $5,561,000. First Trust Preferred Securities and Income ETF comprises about 2.2% of Juno Financial Group LLC’s investment portfolio, making the stock its 12th largest holding. Juno Financial Group LLC owned approximately 0.09% of First Trust Preferred Securities and Income ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Ameritas Investment Partners Inc. raised its stake in shares of First Trust Preferred Securities and Income ETF by 7.5% during the third quarter. Ameritas Investment Partners Inc. now owns 628,645 shares of the company’s stock valued at $11,466,000 after acquiring an additional 44,103 shares in the last quarter. Citigroup Inc. raised its stake in shares of First Trust Preferred Securities and Income ETF by 17.2% during the third quarter. Citigroup Inc. now owns 985,145 shares of the company’s stock valued at $17,969,000 after acquiring an additional 144,720 shares in the last quarter. Curran Financial Partners LLC raised its stake in shares of First Trust Preferred Securities and Income ETF by 48.0% during the third quarter. Curran Financial Partners LLC now owns 475,192 shares of the company’s stock valued at $8,668,000 after acquiring an additional 154,050 shares in the last quarter. Econ Financial Services Corp bought a new stake in shares of First Trust Preferred Securities and Income ETF during the fourth quarter valued at approximately $2,129,000. Finally, Twelve Points Wealth Management LLC raised its stake in shares of First Trust Preferred Securities and Income ETF by 6.8% during the third quarter. Twelve Points Wealth Management LLC now owns 520,584 shares of the company’s stock valued at $9,495,000 after acquiring an additional 32,973 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Up 0.4%

First Trust Preferred Securities and Income ETF stock opened at $18.12 on Thursday. The company has a 50 day moving average price of $18.09 and a 200-day moving average price of $18.22. First Trust Preferred Securities and Income ETF has a fifty-two week low of $17.25 and a fifty-two week high of $18.51.

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. FPE was launched on Feb 12, 2013 and is managed by First Trust.