First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Quantum Private Wealth LLC

Quantum Private Wealth LLC lessened its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 15.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,667 shares of the company’s stock after selling 8,967 shares during the period. Quantum Private Wealth LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $899,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Woodmont Investment Counsel LLC acquired a new position in First Trust Preferred Securities and Income ETF during the third quarter worth approximately $449,000. Financial Enhancement Group LLC increased its position in First Trust Preferred Securities and Income ETF by 20.3% during the third quarter. Financial Enhancement Group LLC now owns 449,648 shares of the company’s stock worth $8,139,000 after purchasing an additional 75,900 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in First Trust Preferred Securities and Income ETF by 3.7% during the third quarter. Concurrent Investment Advisors LLC now owns 440,652 shares of the company’s stock worth $7,976,000 after purchasing an additional 15,814 shares during the last quarter. Maia Wealth LLC acquired a new position in First Trust Preferred Securities and Income ETF during the third quarter worth approximately $740,000. Finally, Avidian Wealth Enterprises LLC grew its stake in First Trust Preferred Securities and Income ETF by 0.8% during the third quarter. Avidian Wealth Enterprises LLC now owns 680,655 shares of the company’s stock worth $12,320,000 after buying an additional 5,214 shares during the period.

First Trust Preferred Securities and Income ETF Trading Up 0.2 %

FPE opened at $18.05 on Friday. First Trust Preferred Securities and Income ETF has a 52-week low of $15.92 and a 52-week high of $18.23. The company has a 50 day moving average of $18.04 and a two-hundred day moving average of $17.64.

First Trust Preferred Securities and Income ETF Company 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.