Columbia Advisory Partners LLC Boosts Stock Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Columbia Advisory Partners LLC grew its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 66.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,813 shares of the company’s stock after acquiring an additional 7,908 shares during the quarter. Columbia Advisory Partners LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $351,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Stonebridge Advisors LLC grew its holdings in shares of First Trust Preferred Securities and Income ETF by 25.1% in the second quarter. Stonebridge Advisors LLC now owns 228,435 shares of the company’s stock valued at $3,966,000 after purchasing an additional 45,880 shares during the period. Moors & Cabot Inc. increased its holdings in shares of First Trust Preferred Securities and Income ETF by 5.9% during the 2nd quarter. Moors & Cabot Inc. now owns 81,204 shares of the company’s stock worth $1,410,000 after buying an additional 4,550 shares during the last quarter. Perennial Investment Advisors LLC purchased a new stake in shares of First Trust Preferred Securities and Income ETF during the 2nd quarter valued at approximately $374,000. RPg Family Wealth Advisory LLC raised its position in shares of First Trust Preferred Securities and Income ETF by 17.0% during the 2nd quarter. RPg Family Wealth Advisory LLC now owns 20,378 shares of the company’s stock valued at $354,000 after buying an additional 2,956 shares during the period. Finally, Ameritas Investment Partners Inc. lifted its holdings in First Trust Preferred Securities and Income ETF by 1,275.1% in the second quarter. Ameritas Investment Partners Inc. now owns 410,145 shares of the company’s stock valued at $7,120,000 after acquiring an additional 380,318 shares during the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

FPE stock opened at $17.53 on Tuesday. First Trust Preferred Securities and Income ETF has a 52-week low of $16.82 and a 52-week high of $18.23. The business has a fifty day moving average of $17.85 and a two-hundred day moving average of $17.83.

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.