Kestra Private Wealth Services LLC lifted its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) by 5.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 659,740 shares of the company’s stock after buying an additional 33,527 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $11,710,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of FPE. Cozad Asset Management Inc. lifted its position in First Trust Preferred Securities and Income ETF by 4.9% during the 3rd quarter. Cozad Asset Management Inc. now owns 12,405 shares of the company’s stock valued at $226,000 after acquiring an additional 585 shares during the period. Sequoia Financial Advisors LLC boosted its stake in First Trust Preferred Securities and Income ETF by 3.2% during the fourth quarter. Sequoia Financial Advisors LLC now owns 20,206 shares of the company’s stock worth $368,000 after acquiring an additional 628 shares in the last quarter. Visionary Wealth Advisors grew its holdings in First Trust Preferred Securities and Income ETF by 0.9% in the second quarter. Visionary Wealth Advisors now owns 69,297 shares of the company’s stock worth $1,233,000 after purchasing an additional 634 shares during the period. Raleigh Capital Management Inc. grew its holdings in First Trust Preferred Securities and Income ETF by 42.8% in the fourth quarter. Raleigh Capital Management Inc. now owns 2,507 shares of the company’s stock worth $46,000 after purchasing an additional 752 shares during the period. Finally, Centaurus Financial Inc. increased its stake in shares of First Trust Preferred Securities and Income ETF by 7.3% during the third quarter. Centaurus Financial Inc. now owns 11,840 shares of the company’s stock valued at $216,000 after purchasing an additional 810 shares in the last quarter.
First Trust Preferred Securities and Income ETF Trading Down 0.6%
FPE stock opened at $17.88 on Friday. The firm has a 50 day moving average price of $18.02 and a 200-day moving average price of $18.13. First Trust Preferred Securities and Income ETF has a 52-week low of $17.54 and a 52-week high of $18.51.
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. FPE was launched on Feb 12, 2013 and is managed by First Trust.
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