Kingsview Wealth Management LLC Acquires 31,697 Shares of First Trust Institutional Preferred Securities and Income ETF $FPEI

Kingsview Wealth Management LLC boosted its holdings in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 9.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 355,279 shares of the company’s stock after buying an additional 31,697 shares during the quarter. Kingsview Wealth Management LLC owned approximately 0.37% of First Trust Institutional Preferred Securities and Income ETF worth $6,889,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Kestra Private Wealth Services LLC lifted its holdings in First Trust Institutional Preferred Securities and Income ETF by 1.1% during the third quarter. Kestra Private Wealth Services LLC now owns 53,221 shares of the company’s stock worth $1,029,000 after buying an additional 557 shares during the period. FWL Investment Management LLC increased its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 0.9% in the 3rd quarter. FWL Investment Management LLC now owns 73,170 shares of the company’s stock valued at $1,415,000 after acquiring an additional 665 shares during the period. Silver Oak Securities Incorporated raised its position in shares of First Trust Institutional Preferred Securities and Income ETF by 1.3% in the 4th quarter. Silver Oak Securities Incorporated now owns 53,901 shares of the company’s stock worth $1,045,000 after acquiring an additional 676 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its stake in shares of First Trust Institutional Preferred Securities and Income ETF by 1.9% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 40,762 shares of the company’s stock worth $788,000 after purchasing an additional 742 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC lifted its stake in shares of First Trust Institutional Preferred Securities and Income ETF by 4.9% during the 4th quarter. Capital Advisors Wealth Management LLC now owns 16,090 shares of the company’s stock worth $312,000 after purchasing an additional 752 shares during the last quarter.

First Trust Institutional Preferred Securities and Income ETF Stock Performance

FPEI opened at $19.23 on Friday. The business’s 50-day moving average is $19.17 and its two-hundred day moving average is $19.33. First Trust Institutional Preferred Securities and Income ETF has a 1 year low of $18.64 and a 1 year high of $19.61.

First Trust Institutional Preferred Securities and Income ETF Company 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. FPEI was launched on Aug 22, 2017 and is managed by First Trust.