Commonwealth Equity Services LLC Has $14.56 Million Stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Commonwealth Equity Services LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 46.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 763,651 shares of the company’s stock after purchasing an additional 243,499 shares during the quarter. Commonwealth Equity Services LLC owned about 0.41% of First Trust Preferred Securities and Income ETF worth $14,555,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of FPE. WBI Investments Inc. purchased a new position in First Trust Preferred Securities and Income ETF in the fourth quarter valued at about $16,564,000. Raymond James Financial Services Advisors Inc. increased its position in shares of First Trust Preferred Securities and Income ETF by 43.2% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 2,302,311 shares of the company’s stock worth $43,882,000 after acquiring an additional 694,974 shares during the last quarter. Jaffetilchin Investment Partners LLC purchased a new stake in shares of First Trust Preferred Securities and Income ETF during the fourth quarter worth about $9,608,000. American Financial Advisors LLC purchased a new stake in shares of First Trust Preferred Securities and Income ETF during the first quarter worth about $9,041,000. Finally, Jane Street Group LLC increased its position in shares of First Trust Preferred Securities and Income ETF by 1,065.5% during the fourth quarter. Jane Street Group LLC now owns 510,113 shares of the company’s stock worth $9,157,000 after acquiring an additional 466,347 shares during the last quarter.

Shares of NYSEARCA FPE traded down $0.02 during midday trading on Monday, reaching $19.37. 3,681,128 shares of the company’s stock were exchanged, compared to its average volume of 1,058,847. First Trust Preferred Securities and Income ETF has a 52-week low of $17.76 and a 52-week high of $19.44. The stock’s fifty day moving average price is $19.23.

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Institutional Ownership by Quarter for First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

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