Clearwater Capital Advisors LLC Increases Stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Clearwater Capital Advisors LLC lifted its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 26.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 324,292 shares of the company’s stock after buying an additional 67,798 shares during the quarter. First Trust Preferred Securities and Income ETF comprises 1.1% of Clearwater Capital Advisors LLC’s portfolio, making the stock its 25th largest position. Clearwater Capital Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $6,398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in FPE. Kings Point Capital Management purchased a new position in shares of First Trust Preferred Securities and Income ETF during the second quarter valued at about $29,000. Captrust Financial Advisors purchased a new position in shares of First Trust Preferred Securities and Income ETF during the second quarter valued at about $39,000. Financial Management Professionals Inc. purchased a new position in shares of First Trust Preferred Securities and Income ETF during the second quarter valued at about $43,000. Liberty Wealth Management LLC increased its position in shares of First Trust Preferred Securities and Income ETF by 473.6% during the third quarter. Liberty Wealth Management LLC now owns 2,409 shares of the company’s stock valued at $48,000 after buying an additional 1,989 shares during the period. Finally, Usca Ria LLC purchased a new position in shares of First Trust Preferred Securities and Income ETF during the third quarter valued at about $51,000.

Shares of NYSEARCA FPE opened at $19.96 on Thursday. First Trust Preferred Securities and Income ETF has a 1 year low of $17.76 and a 1 year high of $19.97. The company’s 50-day moving average is $19.83 and its 200 day moving average is $19.52.

Further Reading: Mutual Funds

Want to see what other hedge funds are holding FPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Preferred Securities and Income ETF (NYSEARCA:FPE).

Institutional Ownership by Quarter for First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Receive News & Ratings for First Trust Preferred Securities and Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Preferred Securities and Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.