Cornell Pochily Investment Advisors Inc. Sells 7,183 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Cornell Pochily Investment Advisors Inc. lowered its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 15.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 40,151 shares of the company’s stock after selling 7,183 shares during the period. Cornell Pochily Investment Advisors Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $711,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Ameliora Wealth Management Ltd. boosted its holdings in 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 worth $26,000 after purchasing an additional 690 shares during the last quarter. Raleigh Capital Management Inc. grew its holdings in shares of First Trust Preferred Securities and Income ETF by 96.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,681 shares of the company’s stock worth $30,000 after acquiring an additional 826 shares during the period. Mattson Financial Services LLC purchased a new stake in First Trust Preferred Securities and Income ETF during the second quarter valued at $46,000. ORG Partners LLC lifted its holdings in First Trust Preferred Securities and Income ETF by 1,655.6% in the fourth quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock valued at $47,000 after acquiring an additional 2,500 shares during the period. Finally, FSC Wealth Advisors LLC boosted its position in First Trust Preferred Securities and Income ETF by 75.9% in the third 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 during the last quarter.

First Trust Preferred Securities and Income ETF Stock Down 0.1 %

NYSEARCA FPE opened at $17.72 on Monday. The company has a 50-day moving average price of $17.80 and a 200-day moving average price of $17.85. First Trust Preferred Securities and Income ETF has a 52 week low of $16.95 and a 52 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.