Diversified LLC bought a new stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 11,728 shares of the company’s stock, valued at approximately $198,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. First Horizon Advisors Inc. lifted its stake in First Trust Preferred Securities and Income ETF by 264.0% during the third quarter. First Horizon Advisors Inc. now owns 1,656 shares of the company’s stock valued at $26,000 after buying an additional 1,201 shares in the last quarter. Cozad Asset Management Inc. purchased a new stake in First Trust Preferred Securities and Income ETF during the third quarter valued at about $160,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in First Trust Preferred Securities and Income ETF during the third quarter valued at about $190,000. Carmichael Hill & Associates Inc. lifted its stake in First Trust Preferred Securities and Income ETF by 10.9% during the fourth quarter. Carmichael Hill & Associates Inc. now owns 12,388 shares of the company’s stock valued at $209,000 after buying an additional 1,218 shares in the last quarter. Finally, Hibernia Wealth Partners LLC lifted its stake in First Trust Preferred Securities and Income ETF by 5,506.0% during the fourth quarter. Hibernia Wealth Partners LLC now owns 13,118 shares of the company’s stock valued at $221,000 after buying an additional 12,884 shares in the last quarter.
First Trust Preferred Securities and Income ETF Stock Up 0.2 %
FPE stock opened at $17.06 on Tuesday. First Trust Preferred Securities and Income ETF has a one year low of $15.45 and a one year high of $17.45. The firm has a 50-day moving average of $17.21 and a two-hundred day moving average of $16.71.
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.
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