First Trust Advisors LP Buys 61,345 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

First Trust Advisors LP raised its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 11.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 581,036 shares of the company’s stock after acquiring an additional 61,345 shares during the period. First Trust Advisors LP owned approximately 0.30% of First Trust Preferred Securities and Income ETF worth $11,075,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in FPE. Resources Investment Advisors Inc. acquired a new position in shares of First Trust Preferred Securities and Income ETF in the 1st quarter worth $25,000. Moody National Bank Trust Division purchased a new position in First Trust Preferred Securities and Income ETF in the first quarter valued at about $36,000. Advisors Asset Management Inc. grew its stake in First Trust Preferred Securities and Income ETF by 126.2% in the fourth quarter. Advisors Asset Management Inc. now owns 2,321 shares of the company’s stock valued at $42,000 after purchasing an additional 1,295 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new position in First Trust Preferred Securities and Income ETF in the first quarter valued at about $45,000. Finally, Princeton Global Asset Management LLC purchased a new position in First Trust Preferred Securities and Income ETF in the first quarter valued at about $51,000.

NYSEARCA FPE remained flat at $$19.60 on Friday. The company’s stock had a trading volume of 1,115,867 shares, compared to its average volume of 1,058,869. First Trust Preferred Securities and Income ETF has a 1 year low of $17.76 and a 1 year high of $19.63. The firm has a 50-day moving average of $19.36.

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

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