Baird Financial Group Inc. Reduces Stake in FT Energy Income Partners Enhanced Income ETF (NYSEARCA:EIPI)

Baird Financial Group Inc. lowered its stake in FT Energy Income Partners Enhanced Income ETF (NYSEARCA:EIPI) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 491,466 shares of the company’s stock after selling 5,141 shares during the quarter. Baird Financial Group Inc.’s holdings in FT Energy Income Partners Enhanced Income ETF were worth $9,579,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Kingswood Wealth Advisors LLC boosted its stake in FT Energy Income Partners Enhanced Income ETF by 46.0% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 84,900 shares of the company’s stock valued at $1,655,000 after buying an additional 26,757 shares during the period.

FT Energy Income Partners Enhanced Income ETF Stock Up 0.8 %

Shares of NYSEARCA EIPI opened at $19.19 on Thursday. The stock’s 50-day simple moving average is $19.44 and its two-hundred day simple moving average is $19.78. FT Energy Income Partners Enhanced Income ETF has a twelve month low of $17.40 and a twelve month high of $20.90. The firm has a market capitalization of $899.82 million and a P/E ratio of 16.05.

FT Energy Income Partners Enhanced Income ETF Profile

The FT Energy Income Partners Enhanced Income ETF (EIPI) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed fund that seeks total return with a focus on distributions. The fund invests globally within the broader energy market, while combining both covered and naked call options writing strategies to enhance income.