Cullen Frost Bankers Inc. Takes $201,000 Position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Cullen Frost Bankers Inc. bought a new stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 11,368 shares of the company’s stock, valued at approximately $201,000.

Other large investors have also recently made changes to their positions in the company. Perigon Wealth Management LLC purchased a new position in shares of First Trust Preferred Securities and Income ETF during the fourth quarter valued at approximately $219,000. Atomi Financial Group Inc. bought a new stake in shares of First Trust Preferred Securities and Income ETF during the fourth quarter valued at approximately $232,000. Creative Planning increased its position in shares of First Trust Preferred Securities and Income ETF by 32.8% during the third quarter. Creative Planning now owns 14,869 shares of the company’s stock valued at $269,000 after acquiring an additional 3,669 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of First Trust Preferred Securities and Income ETF by 5.8% during the third quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock valued at $184,000 after acquiring an additional 559 shares in the last quarter. Finally, Acorn Wealth Advisors LLC bought a new stake in shares of First Trust Preferred Securities and Income ETF during the third quarter valued at approximately $318,000.

First Trust Preferred Securities and Income ETF Price Performance

Shares of FPE opened at $17.75 on Friday. The firm has a 50 day moving average of $17.76 and a 200 day moving average of $17.89. First Trust Preferred Securities and Income ETF has a twelve month low of $16.95 and a twelve 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.