Schechter Investment Advisors LLC Has $740,000 Position in FT Energy Income Partners Enhanced Income ETF (NYSEARCA:EIPI)

Schechter Investment Advisors LLC lowered its holdings in shares of FT Energy Income Partners Enhanced Income ETF (NYSEARCA:EIPI) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,958 shares of the company’s stock after selling 541 shares during the quarter. Schechter Investment Advisors LLC’s holdings in FT Energy Income Partners Enhanced Income ETF were worth $740,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of EIPI. Nations Financial Group Inc. IA ADV acquired a new stake in FT Energy Income Partners Enhanced Income ETF in the 3rd quarter valued at approximately $197,000. Icon Wealth Advisors LLC raised its position in FT Energy Income Partners Enhanced Income ETF by 106.4% in the 3rd quarter. Icon Wealth Advisors LLC now owns 18,516 shares of the company’s stock valued at $358,000 after buying an additional 9,544 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC raised its position in FT Energy Income Partners Enhanced Income ETF by 46.0% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 84,900 shares of the company’s stock valued at $1,655,000 after buying an additional 26,757 shares during the last quarter.

FT Energy Income Partners Enhanced Income ETF Stock Performance

Shares of FT Energy Income Partners Enhanced Income ETF stock opened at $19.60 on Wednesday. The firm has a market cap of $927.86 million and a PE ratio of 16.07. FT Energy Income Partners Enhanced Income ETF has a 52-week low of $18.17 and a 52-week high of $20.90. The business’s 50 day simple moving average is $20.01 and its 200 day simple moving average is $19.77.

About FT Energy Income Partners Enhanced Income ETF

The FT Energy Income Partners Enhanced Income ETF (EIPI) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed fund that seeks total return with a focus on distributions. The fund invests globally within the broader energy market, while combining both covered and naked call options writing strategies to enhance income.