First Trust Institutional Preferred Securities and Income ETF $FPEI Shares Sold by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC lowered its holdings in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 73.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,700 shares of the company’s stock after selling 29,100 shares during the period. Kingswood Wealth Advisors LLC’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $203,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its stake in First Trust Institutional Preferred Securities and Income ETF by 126.9% during the 1st quarter. Farther Finance Advisors LLC now owns 3,410 shares of the company’s stock worth $64,000 after purchasing an additional 1,907 shares during the period. Continuum Advisory LLC acquired a new stake in shares of First Trust Institutional Preferred Securities and Income ETF in the 1st quarter worth $68,000. Zions Bancorporation National Association UT acquired a new stake in shares of First Trust Institutional Preferred Securities and Income ETF in the 1st quarter worth $94,000. Greenwood Capital Associates LLC acquired a new stake in shares of First Trust Institutional Preferred Securities and Income ETF in the 2nd quarter worth $202,000. Finally, DAVENPORT & Co LLC acquired a new stake in shares of First Trust Institutional Preferred Securities and Income ETF in the 1st quarter worth $205,000.

First Trust Institutional Preferred Securities and Income ETF Stock Performance

FPEI stock opened at $19.25 on Friday. First Trust Institutional Preferred Securities and Income ETF has a one year low of $17.81 and a one year high of $19.48. The company has a fifty day moving average of $19.26 and a 200-day moving average of $18.88.

First Trust Institutional Preferred Securities and Income ETF Profile

The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities.