Private Client Services LLC Buys 4,719 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Private Client Services LLC grew its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 2.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 180,764 shares of the company’s stock after acquiring an additional 4,719 shares during the period. First Trust Preferred Securities and Income ETF comprises 1.7% of Private Client Services LLC’s portfolio, making the stock its 12th biggest holding. Private Client Services LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $3,200,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of FPE. International Assets Investment Management LLC grew its position in First Trust Preferred Securities and Income ETF by 1,642.3% during the third quarter. International Assets Investment Management LLC now owns 1,544,370 shares of the company’s stock worth $279,530,000 after buying an additional 1,455,731 shares in the last quarter. LPL Financial LLC grew its holdings in shares of First Trust Preferred Securities and Income ETF by 9.5% during the third quarter. LPL Financial LLC now owns 11,876,712 shares of the company’s stock worth $214,968,000 after purchasing an additional 1,035,105 shares in the last quarter. Barclays PLC bought a new position in shares of First Trust Preferred Securities and Income ETF in the third quarter worth approximately $12,838,000. Ameritas Investment Partners Inc. raised its stake in First Trust Preferred Securities and Income ETF by 1,275.1% in the second quarter. Ameritas Investment Partners Inc. now owns 410,145 shares of the company’s stock valued at $7,120,000 after purchasing an additional 380,318 shares in the last quarter. Finally, Stifel Financial Corp lifted its position in First Trust Preferred Securities and Income ETF by 19.9% during the third quarter. Stifel Financial Corp now owns 2,056,722 shares of the company’s stock valued at $37,227,000 after purchasing an additional 341,396 shares during the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

Shares of NYSEARCA:FPE traded down $0.01 during trading on Wednesday, reaching $17.67. The company had a trading volume of 1,157,962 shares, compared to its average volume of 1,442,354. The company has a fifty day moving average of $17.87 and a two-hundred day moving average of $17.82. First Trust Preferred Securities and Income ETF has a 12 month low of $16.78 and a 12 month high of $18.23.

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.