Capital Analysts LLC Buys 5,320 Shares of First Trust Preferred Securities and Income ETF $FPE

Capital Analysts LLC grew its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 13,641.0% in the first quarter, HoldingsChannel reports. The fund owned 5,359 shares of the company’s stock after acquiring an additional 5,320 shares during the period. Capital Analysts LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $94,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of FPE. Hazlett Burt & Watson Inc. bought a new position in shares of First Trust Preferred Securities and Income ETF in the first quarter worth about $28,000. Mattson Financial Services LLC raised its stake in shares of First Trust Preferred Securities and Income ETF by 42.5% during the fourth quarter. Mattson Financial Services LLC now owns 3,753 shares of the company’s stock worth $68,000 after buying an additional 1,119 shares during the last quarter. Bessemer Group Inc. bought a new stake in shares of First Trust Preferred Securities and Income ETF during the first quarter worth approximately $79,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of First Trust Preferred Securities and Income ETF by 42.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,465 shares of the company’s stock worth $96,000 after buying an additional 1,616 shares during the last quarter. Finally, Elevation Wealth Partners LLC bought a new stake in shares of First Trust Preferred Securities and Income ETF during the first quarter worth approximately $129,000.

First Trust Preferred Securities and Income ETF Price Performance

FPE opened at $18.09 on Friday. The firm has a 50 day simple moving average of $17.90 and a 200 day simple moving average of $17.66. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.77 and a fifty-two week high of $18.23.

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.