Hudson Capital Management LLC Sells 1,763 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Hudson Capital Management LLC lessened its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 11.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,097 shares of the company’s stock after selling 1,763 shares during the period. Hudson Capital Management LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $250,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in FPE. Creative Planning grew its holdings in shares of First Trust Preferred Securities and Income ETF by 32.8% in the third quarter. Creative Planning now owns 14,869 shares of the company’s stock valued at $269,000 after purchasing an additional 3,669 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in First Trust Preferred Securities and Income ETF by 5.8% in the third quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock valued at $184,000 after purchasing an additional 559 shares during the last quarter. Acorn Wealth Advisors LLC acquired a new stake in shares of First Trust Preferred Securities and Income ETF during the 3rd quarter worth about $318,000. JPMorgan Chase & Co. lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 29.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 989,613 shares of the company’s stock worth $17,912,000 after acquiring an additional 224,647 shares during the period. Finally, Elevation Capital Advisory LLC acquired a new position in shares of First Trust Preferred Securities and Income ETF in the 2nd quarter valued at about $5,750,000.

First Trust Preferred Securities and Income ETF Stock Down 0.6 %

FPE opened at $17.73 on Thursday. First Trust Preferred Securities and Income ETF has a twelve month low of $16.89 and a twelve month high of $18.23. The company has a fifty day simple moving average of $17.81 and a 200 day simple moving average of $17.84.

About First Trust Preferred Securities and Income ETF

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.