Integral Investment Advisors Inc. Grows Position in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI)

Integral Investment Advisors Inc. raised its stake in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 49.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 422,190 shares of the company’s stock after buying an additional 139,757 shares during the quarter. First Trust Institutional Preferred Securities and Income ETF comprises about 2.6% of Integral Investment Advisors Inc.’s investment portfolio, making the stock its 14th biggest holding. Integral Investment Advisors Inc. owned about 0.61% of First Trust Institutional Preferred Securities and Income ETF worth $7,895,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in FPEI. Jaffetilchin Investment Partners LLC grew its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 1.2% in the third quarter. Jaffetilchin Investment Partners LLC now owns 44,969 shares of the company’s stock worth $858,000 after acquiring an additional 537 shares during the period. Gladstone Institutional Advisory LLC grew its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 1.1% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 53,835 shares of the company’s stock worth $1,007,000 after acquiring an additional 575 shares during the period. Stratos Wealth Partners LTD. grew its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 1.2% in the fourth quarter. Stratos Wealth Partners LTD. now owns 56,821 shares of the company’s stock worth $1,063,000 after acquiring an additional 656 shares during the period. Sutton Place Investors LLC grew its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 0.9% in the fourth quarter. Sutton Place Investors LLC now owns 115,978 shares of the company’s stock worth $2,169,000 after acquiring an additional 983 shares during the period. Finally, Walker Asset Management LLC grew its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 1.2% in the fourth quarter. Walker Asset Management LLC now owns 83,390 shares of the company’s stock worth $1,559,000 after acquiring an additional 1,000 shares during the period.

First Trust Institutional Preferred Securities and Income ETF Stock Down 0.3 %

Shares of FPEI opened at $18.79 on Friday. First Trust Institutional Preferred Securities and Income ETF has a one year low of $17.90 and a one year high of $19.11. The business has a fifty day moving average of $18.72 and a 200 day moving average of $18.80.

About First Trust Institutional Preferred Securities and Income ETF

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.