First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Stephens Inc. AR

Stephens Inc. AR lowered its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 0.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 172,549 shares of the company’s stock after selling 603 shares during the quarter. Stephens Inc. AR owned about 0.06% of First Trust Preferred Securities and Income ETF worth $3,054,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of FPE. LPL Financial LLC boosted its stake in First Trust Preferred Securities and Income ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 11,876,712 shares of the company’s stock valued at $214,968,000 after acquiring an additional 1,035,105 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of First Trust Preferred Securities and Income ETF by 5.0% during the third quarter. HighTower Advisors LLC now owns 2,750,301 shares of the company’s stock worth $49,777,000 after purchasing an additional 131,536 shares during the last quarter. Stifel Financial Corp lifted its position in shares of First Trust Preferred Securities and Income ETF by 19.9% during the third quarter. Stifel Financial Corp now owns 2,056,722 shares of the company’s stock worth $37,227,000 after purchasing an additional 341,396 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in First Trust Preferred Securities and Income ETF by 1.2% in the third quarter. Rockefeller Capital Management L.P. now owns 1,840,066 shares of the company’s stock worth $33,290,000 after purchasing an additional 21,624 shares in the last quarter. Finally, Prospera Financial Services Inc increased its holdings in First Trust Preferred Securities and Income ETF by 15.7% in the third quarter. Prospera Financial Services Inc now owns 1,622,012 shares of the company’s stock valued at $29,362,000 after buying an additional 220,692 shares during the last quarter.

First Trust Preferred Securities and Income ETF Trading Down 0.1 %

Shares of NYSEARCA FPE opened at $17.82 on Wednesday. The business has a 50 day simple moving average of $17.77 and a 200-day simple moving average of $17.86. First Trust Preferred Securities and Income ETF has a twelve month low of $16.95 and a twelve month high of $18.23.

About First Trust Preferred Securities and Income ETF

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.