Chicago Partners Investment Group LLC Buys 18,735 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Chicago Partners Investment Group LLC increased its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 5.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 396,747 shares of the company’s stock after acquiring an additional 18,735 shares during the period. Chicago Partners Investment Group LLC owned about 0.13% of First Trust Preferred Securities and Income ETF worth $7,014,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Ameliora Wealth Management Ltd. lifted its stake in First Trust Preferred Securities and Income ETF by 93.1% during the third quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock worth $26,000 after purchasing an additional 690 shares during the last quarter. Raleigh Capital Management Inc. lifted its position in First Trust Preferred Securities and Income ETF by 96.6% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,681 shares of the company’s stock worth $30,000 after buying an additional 826 shares during the last quarter. Mattson Financial Services LLC purchased a new stake in First Trust Preferred Securities and Income ETF in the second quarter worth approximately $46,000. ORG Partners LLC grew its position in First Trust Preferred Securities and Income ETF by 1,655.6% during the fourth quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock valued at $47,000 after acquiring an additional 2,500 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of First Trust Preferred Securities and Income ETF by 435.3% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,849 shares of the company’s stock worth $68,000 after acquiring an additional 3,130 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of FPE opened at $17.77 on Friday. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.95 and a fifty-two week high of $18.23. The firm has a 50 day moving average price of $17.78 and a 200-day moving average price of $17.85.

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.