Kingsview Wealth Management LLC Purchases 9,062 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Kingsview Wealth Management LLC increased its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 9.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 108,408 shares of the company’s stock after buying an additional 9,062 shares during the period. Kingsview Wealth Management LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,962,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its holdings in shares of First Trust Preferred Securities and Income ETF by 5.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock worth $184,000 after buying an additional 559 shares during the last quarter. Aspen Wealth Strategies LLC raised its position in First Trust Preferred Securities and Income ETF by 1.2% during the third quarter. Aspen Wealth Strategies LLC now owns 50,959 shares of the company’s stock valued at $922,000 after purchasing an additional 593 shares during the period. Ameliora Wealth Management Ltd. lifted its stake in shares of First Trust Preferred Securities and Income ETF by 93.1% in the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after purchasing an additional 690 shares during the last quarter. Patten Group Inc. boosted its holdings in shares of First Trust Preferred Securities and Income ETF by 1.2% in the 2nd quarter. Patten Group Inc. now owns 78,132 shares of the company’s stock worth $1,356,000 after purchasing an additional 961 shares during the period. Finally, TRUE Private Wealth Advisors increased its position in shares of First Trust Preferred Securities and Income ETF by 5.5% during the 2nd quarter. TRUE Private Wealth Advisors now owns 18,936 shares of the company’s stock valued at $329,000 after purchasing an additional 983 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

NYSEARCA:FPE opened at $17.88 on Tuesday. The stock’s fifty day moving average is $18.05 and its 200 day moving average is $17.71. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.14 and a fifty-two week high of $18.23.

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.