Ethos Financial Group LLC Makes New Investment in First Trust Preferred Securities and Income ETF $FPE

Ethos Financial Group LLC bought a new stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 151,554 shares of the company’s stock, valued at approximately $2,690,000.

Several other large investors also recently bought and sold shares of FPE. SouthState Bank Corp purchased a new stake in shares of First Trust Preferred Securities and Income ETF in the 1st quarter worth about $89,000. Sigma Planning Corp grew its stake in First Trust Preferred Securities and Income ETF by 6.5% in the 1st quarter. Sigma Planning Corp now owns 260,198 shares of the company’s stock valued at $4,619,000 after acquiring an additional 15,821 shares during the last quarter. Avantax Planning Partners Inc. increased its holdings in First Trust Preferred Securities and Income ETF by 31.4% during the 1st quarter. Avantax Planning Partners Inc. now owns 125,137 shares of the company’s stock valued at $2,221,000 after acquiring an additional 29,873 shares in the last quarter. Milestones Private Investment Advisors LLC increased its holdings in First Trust Preferred Securities and Income ETF by 3.0% during the 1st quarter. Milestones Private Investment Advisors LLC now owns 145,866 shares of the company’s stock valued at $2,589,000 after acquiring an additional 4,187 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in First Trust Preferred Securities and Income ETF by 4.3% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,239,522 shares of the company’s stock worth $22,002,000 after acquiring an additional 51,664 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Up 0.1%

Shares of NYSEARCA FPE opened at $17.93 on Wednesday. First Trust Preferred Securities and Income ETF has a 12-month low of $17.54 and a 12-month high of $18.51. The firm’s 50-day moving average is $17.98 and its two-hundred day moving average is $18.10.

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. FPE was launched on Feb 12, 2013 and is managed by First Trust.