Ameritas Advisory Services LLC increased its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) by 93.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 83,156 shares of the company’s stock after acquiring an additional 40,269 shares during the quarter. Ameritas Advisory Services LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,515,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Rossby Financial LCC boosted its stake in First Trust Preferred Securities and Income ETF by 469.7% during the 3rd quarter. Rossby Financial LCC now owns 2,347 shares of the company’s stock worth $43,000 after acquiring an additional 1,935 shares during the last quarter. Ameriflex Group Inc. raised its holdings in First Trust Preferred Securities and Income ETF by 339.3% during the 3rd quarter. Ameriflex Group Inc. now owns 2,372 shares of the company’s stock worth $43,000 after buying an additional 1,832 shares during the period. Raleigh Capital Management Inc. raised its holdings in First Trust Preferred Securities and Income ETF by 42.8% during the 4th quarter. Raleigh Capital Management Inc. now owns 2,507 shares of the company’s stock worth $46,000 after buying an additional 752 shares during the period. Triumph Capital Management acquired a new stake in First Trust Preferred Securities and Income ETF during the 3rd quarter worth approximately $61,000. Finally, Private Wealth Asset Management LLC raised its holdings in First Trust Preferred Securities and Income ETF by 595.9% during the 3rd quarter. Private Wealth Asset Management LLC now owns 5,233 shares of the company’s stock worth $95,000 after buying an additional 4,481 shares during the period.
First Trust Preferred Securities and Income ETF Stock Performance
Shares of FPE stock opened at $18.10 on Friday. The company’s 50 day moving average price is $18.01 and its two-hundred day moving average price is $18.20. First Trust Preferred Securities and Income ETF has a 52 week low of $17.33 and a 52 week high of $18.51.
First Trust Preferred Securities and Income ETF Company 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. FPE was launched on Feb 12, 2013 and is managed by First Trust.
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