Integrated Advisors Network LLC decreased its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) by 22.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,576 shares of the company’s stock after selling 14,731 shares during the period. Integrated Advisors Network LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $872,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Royal Bank of Canada raised its holdings in shares of First Trust Preferred Securities and Income ETF by 1.7% in the 4th quarter. Royal Bank of Canada now owns 16,800,881 shares of the company’s stock worth $297,378,000 after acquiring an additional 286,168 shares during the last quarter. Triumph Capital Management increased its holdings in First Trust Preferred Securities and Income ETF by 1.6% in the 4th quarter. Triumph Capital Management now owns 326,774 shares of the company’s stock worth $5,784,000 after acquiring an additional 5,099 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in First Trust Preferred Securities and Income ETF by 14.1% in the 4th quarter. Atria Wealth Solutions Inc. now owns 186,672 shares of the company’s stock valued at $3,304,000 after buying an additional 23,067 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in First Trust Preferred Securities and Income ETF during the 4th quarter valued at about $295,000. Finally, Thrivent Financial for Lutherans grew its holdings in First Trust Preferred Securities and Income ETF by 21.5% during the 4th quarter. Thrivent Financial for Lutherans now owns 18,029 shares of the company’s stock valued at $325,000 after buying an additional 3,191 shares in the last quarter.
First Trust Preferred Securities and Income ETF Stock Performance
FPE opened at $17.70 on Friday. First Trust Preferred Securities and Income ETF has a one year low of $16.77 and a one year high of $18.23. The company has a fifty day moving average price of $17.38 and a 200-day moving average price of $17.62.
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.
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