First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Stock Holdings Decreased by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. decreased its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 10.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 60,583 shares of the company’s stock after selling 6,928 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $1,072,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC increased its stake in First Trust Preferred Securities and Income ETF by 1,642.3% during the third quarter. International Assets Investment Management LLC now owns 1,544,370 shares of the company’s stock valued at $279,530,000 after purchasing an additional 1,455,731 shares during the last quarter. Falcon Wealth Planning bought a new stake in shares of First Trust Preferred Securities and Income ETF during the 4th quarter valued at about $19,169,000. LPL Financial LLC grew its position in shares of 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 buying an additional 1,035,105 shares during the last quarter. Barclays PLC acquired a new stake in First Trust Preferred Securities and Income ETF during the third quarter worth about $12,838,000. Finally, Advisory Alpha LLC bought a new position in First Trust Preferred Securities and Income ETF in the fourth quarter worth about $11,641,000.

First Trust Preferred Securities and Income ETF Stock Up 0.1 %

NYSEARCA:FPE opened at $17.87 on Wednesday. The stock has a 50 day moving average of $17.76 and a 200-day moving average of $17.87. 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 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.