First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Bought by Cozad Asset Management Inc.

Cozad Asset Management Inc. increased its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 14.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,755 shares of the company’s stock after acquiring an additional 1,453 shares during the quarter. Cozad Asset Management Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $208,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Envestnet Portfolio Solutions Inc. lifted its stake in shares of First Trust Preferred Securities and Income ETF by 87.7% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 301,987 shares of the company’s stock worth $5,345,000 after acquiring an additional 141,072 shares in the last quarter. First Financial Group Corp acquired a new position in shares of First Trust Preferred Securities and Income ETF in the fourth quarter worth about $496,000. Kestra Advisory Services LLC lifted its stake in shares of First Trust Preferred Securities and Income ETF by 8.7% in the fourth quarter. Kestra Advisory Services LLC now owns 2,476,663 shares of the company’s stock worth $43,837,000 after acquiring an additional 198,154 shares in the last quarter. Northwest Wealth Management LLC lifted its stake in shares of First Trust Preferred Securities and Income ETF by 12.2% in the fourth quarter. Northwest Wealth Management LLC now owns 51,000 shares of the company’s stock worth $903,000 after acquiring an additional 5,545 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in First Trust Preferred Securities and Income ETF by 9.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,448,359 shares of the company’s stock valued at $25,636,000 after buying an additional 122,741 shares during the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

Shares of First Trust Preferred Securities and Income ETF stock opened at $17.70 on Wednesday. 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 business has a 50-day moving average price of $17.75 and a 200 day moving average price of $17.89.

First Trust Preferred Securities and Income ETF Company 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.