First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Bought by Boyce & Associates Wealth Consulting Inc.

Boyce & Associates Wealth Consulting Inc. grew its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 52.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 25,473 shares of the company’s stock after acquiring an additional 8,740 shares during the quarter. Boyce & Associates Wealth Consulting Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $451,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Creative Planning grew its position in First Trust Preferred Securities and Income ETF by 32.8% during the 3rd quarter. Creative Planning now owns 14,869 shares of the company’s stock worth $269,000 after purchasing an additional 3,669 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of First Trust Preferred Securities and Income ETF by 5.8% in the third quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock valued at $184,000 after purchasing an additional 559 shares during the period. Acorn Wealth Advisors LLC purchased a new position in shares of First Trust Preferred Securities and Income ETF in the third quarter worth about $318,000. JPMorgan Chase & Co. lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 29.4% during the third quarter. JPMorgan Chase & Co. now owns 989,613 shares of the company’s stock worth $17,912,000 after purchasing an additional 224,647 shares during the period. Finally, Elevation Capital Advisory LLC acquired a new position in First Trust Preferred Securities and Income ETF in the 2nd quarter worth approximately $5,750,000.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of NYSEARCA FPE opened at $17.59 on Monday. The company has a 50 day simple moving average of $17.86 and a two-hundred day simple moving average of $17.83. First Trust Preferred Securities and Income ETF has a 12 month low of $16.82 and a 12 month high of $18.23.

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.