Brio Consultants LLC Purchases New Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Brio Consultants LLC purchased a new stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 23,610 shares of the company’s stock, valued at approximately $415,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hazlett Burt & Watson Inc. bought a new position in First Trust Preferred Securities and Income ETF during the first quarter valued at $28,000. Transce3nd LLC bought a new position in shares of First Trust Preferred Securities and Income ETF in the fourth quarter worth $32,000. Mattson Financial Services LLC boosted its holdings in shares of First Trust Preferred Securities and Income ETF by 42.5% in the fourth quarter. Mattson Financial Services LLC now owns 3,753 shares of the company’s stock worth $68,000 after acquiring an additional 1,119 shares during the period. National Bank of Canada FI boosted its holdings in shares of First Trust Preferred Securities and Income ETF by 55.8% in the fourth quarter. National Bank of Canada FI now owns 4,186 shares of the company’s stock worth $74,000 after acquiring an additional 1,500 shares during the period. Finally, Bessemer Group Inc. bought a new position in shares of First Trust Preferred Securities and Income ETF in the first quarter worth $79,000.

First Trust Preferred Securities and Income ETF Stock Down 0.1%

First Trust Preferred Securities and Income ETF stock opened at $17.87 on Tuesday. First Trust Preferred Securities and Income ETF has a one year low of $16.77 and a one year high of $18.23. The business has a fifty day moving average price of $17.72 and a 200-day moving average price of $17.62.

First Trust Preferred Securities and Income ETF 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.