First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Holdings Raised by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. grew its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 20.2% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 362,906 shares of the company’s stock after acquiring an additional 60,919 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $6,384,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Atria Wealth Solutions Inc. grew its stake in First Trust Preferred Securities and Income ETF by 14.1% in the fourth quarter. Atria Wealth Solutions Inc. now owns 186,672 shares of the company’s stock valued at $3,304,000 after purchasing an additional 23,067 shares in the last quarter. Aspen Investment Management Inc lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 7.9% during the 4th quarter. Aspen Investment Management Inc now owns 234,335 shares of the company’s stock valued at $4,148,000 after buying an additional 17,119 shares during the last quarter. Winebrenner Capital Management LLC bought a new stake in shares of First Trust Preferred Securities and Income ETF in the 4th quarter valued at approximately $676,000. Sigma Planning Corp increased its holdings in First Trust Preferred Securities and Income ETF by 4.4% in the fourth quarter. Sigma Planning Corp now owns 376,037 shares of the company’s stock worth $6,656,000 after buying an additional 15,851 shares during the last quarter. Finally, Partners Wealth Management LLC bought a new position in First Trust Preferred Securities and Income ETF during the fourth quarter valued at approximately $200,000.

First Trust Preferred Securities and Income ETF Trading Up 0.2%

NYSEARCA FPE opened at $17.75 on Friday. First Trust Preferred Securities and Income ETF has a 12-month low of $16.77 and a 12-month high of $18.23. The company has a 50 day moving average price of $17.45 and a two-hundred day moving average price of $17.62.

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.