First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Acquired by Aspen Wealth Strategies LLC

Aspen Wealth Strategies LLC boosted its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 1.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 50,959 shares of the company’s stock after acquiring an additional 593 shares during the period. First Trust Preferred Securities and Income ETF accounts for about 0.6% of Aspen Wealth Strategies LLC’s portfolio, making the stock its 25th largest holding. Aspen Wealth Strategies LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $922,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in First Trust Preferred Securities and Income ETF by 3.5% in the second quarter. LPL Financial LLC now owns 10,841,607 shares of the company’s stock valued at $188,210,000 after purchasing an additional 362,026 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in First Trust Preferred Securities and Income ETF by 2.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 5,552,458 shares of the company’s stock worth $96,391,000 after buying an additional 157,982 shares during the period. Kestra Advisory Services LLC boosted its stake in First Trust Preferred Securities and Income ETF by 4.9% during the first quarter. Kestra Advisory Services LLC now owns 2,134,429 shares of the company’s stock worth $36,968,000 after buying an additional 100,431 shares during the period. Osaic Holdings Inc. increased its position in shares of First Trust Preferred Securities and Income ETF by 5.7% during the first quarter. Osaic Holdings Inc. now owns 1,948,087 shares of the company’s stock valued at $33,742,000 after acquiring an additional 105,532 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 22.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,791,800 shares of the company’s stock worth $31,034,000 after acquiring an additional 323,436 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Down 0.2 %

NYSEARCA:FPE opened at $17.89 on Friday. First Trust Preferred Securities and Income ETF has a fifty-two week low of $15.51 and a fifty-two week high of $18.23. The company has a 50 day moving average price of $18.02 and a 200 day moving average price of $17.60.

About First Trust Preferred Securities and Income ETF

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.