First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC reduced its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 6.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 132,757 shares of the company’s stock after selling 9,517 shares during the period. Capital Investment Advisory Services LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $2,350,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FPE. Farther Finance Advisors LLC increased its holdings in First Trust Preferred Securities and Income ETF by 5.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock worth $184,000 after purchasing an additional 559 shares during the period. Independent Wealth Network Inc. grew its position in shares of First Trust Preferred Securities and Income ETF by 0.5% during the fourth quarter. Independent Wealth Network Inc. now owns 108,525 shares of the company’s stock worth $1,921,000 after buying an additional 567 shares in the last quarter. Aspen Wealth Strategies LLC increased its stake in shares of 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 worth $922,000 after buying an additional 593 shares during the period. Ameliora Wealth Management Ltd. raised 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 valued at $26,000 after acquiring an additional 690 shares in the last quarter. Finally, Raleigh Capital Management Inc. lifted its stake in 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 last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

NYSEARCA FPE opened at $17.73 on Thursday. First Trust Preferred Securities and Income ETF has a 52 week low of $16.95 and a 52 week high of $18.23. The firm has a 50 day moving average of $17.79 and a two-hundred day moving average of $17.85.

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.