Lodestar Private Asset Management LLC Has $312,000 Stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Lodestar Private Asset Management LLC trimmed its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 6.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,631 shares of the company’s stock after selling 1,223 shares during the period. Lodestar Private Asset Management LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $312,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Mather Group LLC. acquired a new position in shares of First Trust Preferred Securities and Income ETF during the 3rd quarter worth about $191,000. Brookstone Capital Management increased its stake in First Trust Preferred Securities and Income ETF by 5.0% in the third quarter. Brookstone Capital Management now owns 119,207 shares of the company’s stock valued at $2,158,000 after purchasing an additional 5,685 shares in the last quarter. Daymark Wealth Partners LLC acquired a new stake in First Trust Preferred Securities and Income ETF in the third quarter worth $392,000. Private Advisory Group LLC bought a new position in shares of First Trust Preferred Securities and Income ETF during the third quarter worth $2,562,000. Finally, Hudson Capital Management LLC grew its holdings in shares of First Trust Preferred Securities and Income ETF by 9.6% in the 3rd quarter. Hudson Capital Management LLC now owns 15,860 shares of the company’s stock valued at $287,000 after buying an additional 1,385 shares during the period.

First Trust Preferred Securities and Income ETF Stock Down 0.1 %

Shares of First Trust Preferred Securities and Income ETF stock opened at $17.80 on Friday. The stock’s fifty day simple moving average is $17.78 and its 200 day simple moving average is $17.85. First Trust Preferred Securities and Income ETF has a 12 month low of $16.95 and a 12 month 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.