Chicago Partners Investment Group LLC lifted its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) by 2.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 422,228 shares of the company’s stock after acquiring an additional 11,068 shares during the quarter. Chicago Partners Investment Group LLC owned approximately 0.13% of First Trust Preferred Securities and Income ETF worth $7,528,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. raised its stake in First Trust Preferred Securities and Income ETF by 20.2% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 362,906 shares of the company’s stock valued at $6,384,000 after purchasing an additional 60,919 shares during the period. Woodmont Investment Counsel LLC grew its holdings in shares of First Trust Preferred Securities and Income ETF by 16.9% during the first quarter. Woodmont Investment Counsel LLC now owns 38,189 shares of the company’s stock valued at $672,000 after buying an additional 5,531 shares in the last quarter. LVZ Inc. raised its position in First Trust Preferred Securities and Income ETF by 2.8% during the first quarter. LVZ Inc. now owns 24,142 shares of the company’s stock valued at $425,000 after buying an additional 667 shares during the period. Mendota Financial Group LLC raised its position in First Trust Preferred Securities and Income ETF by 20.7% during the first quarter. Mendota Financial Group LLC now owns 8,814 shares of the company’s stock valued at $155,000 after buying an additional 1,513 shares during the period. Finally, Oppenheimer & Co. Inc. lifted its stake in First Trust Preferred Securities and Income ETF by 3.0% in the 1st quarter. Oppenheimer & Co. Inc. now owns 408,785 shares of the company’s stock worth $7,191,000 after acquiring an additional 11,971 shares in the last quarter.
First Trust Preferred Securities and Income ETF Stock Performance
Shares of NYSEARCA FPE opened at $18.44 on Friday. First Trust Preferred Securities and Income ETF has a one year low of $16.77 and a one year high of $18.47. The business has a 50-day moving average price of $18.22 and a two-hundred day moving average price of $17.80.
First Trust Preferred Securities and Income ETF 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.
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