Lake Street Private Wealth LLC Acquires 5,239 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Lake Street Private Wealth LLC increased its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 162,836 shares of the company’s stock after purchasing an additional 5,239 shares during the quarter. Lake Street Private Wealth LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $2,882,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Ameliora Wealth Management Ltd. boosted its holdings in shares of First Trust Preferred Securities and Income ETF by 93.1% in the third quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after buying an additional 690 shares during the period. Mattson Financial Services LLC bought a new stake in First Trust Preferred Securities and Income ETF in the 2nd quarter valued at $46,000. ORG Partners LLC boosted its stake in First Trust Preferred Securities and Income ETF by 1,655.6% in the 4th quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock worth $47,000 after purchasing an additional 2,500 shares during the period. FSC Wealth Advisors LLC increased its holdings in First Trust Preferred Securities and Income ETF by 75.9% during the 3rd quarter. FSC Wealth Advisors LLC now owns 3,820 shares of the company’s stock worth $69,000 after purchasing an additional 1,648 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of First Trust Preferred Securities and Income ETF by 435.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,849 shares of the company’s stock valued at $68,000 after purchasing an additional 3,130 shares during the period.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of First Trust Preferred Securities and Income ETF stock opened at $17.76 on Friday. The stock’s 50-day moving average is $17.82 and its 200-day moving average is $17.83. First Trust Preferred Securities and Income ETF has a one year low of $16.82 and a one year high of $18.23.

First Trust Preferred Securities and Income ETF 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.