First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) is Quad Cities Investment Group LLC’s 3rd Largest Position

Quad Cities Investment Group LLC increased its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 0.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 434,388 shares of the company’s stock after buying an additional 3,659 shares during the quarter. First Trust Preferred Securities and Income ETF accounts for approximately 3.8% of Quad Cities Investment Group LLC’s holdings, making the stock its 3rd biggest position. Quad Cities Investment Group LLC owned approximately 0.14% of First Trust Preferred Securities and Income ETF worth $7,689,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Ameliora Wealth Management Ltd. lifted its position in First Trust Preferred Securities and Income ETF by 93.1% in the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock worth $26,000 after buying an additional 690 shares in the last quarter. Mattson Financial Services LLC purchased a new stake in shares of First Trust Preferred Securities and Income ETF during the second quarter worth $46,000. ORG Partners LLC boosted its position in First Trust Preferred Securities and Income ETF by 1,655.6% during the fourth quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock valued at $47,000 after purchasing an additional 2,500 shares during the last quarter. FSC Wealth Advisors LLC grew its stake in First Trust Preferred Securities and Income ETF by 75.9% in the third quarter. FSC Wealth Advisors LLC now owns 3,820 shares of the company’s stock valued at $69,000 after purchasing an additional 1,648 shares in the last quarter. Finally, Matrix Trust Co acquired a new position in First Trust Preferred Securities and Income ETF in the 3rd quarter worth about $173,000.

First Trust Preferred Securities and Income ETF Stock Down 0.3 %

FPE opened at $17.53 on Tuesday. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.82 and a fifty-two week high of $18.23. The business has a 50-day moving average of $17.85 and a 200-day moving average of $17.83.

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.