Cambridge Investment Research Advisors Inc. Has $21.01 Million Stock Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Cambridge Investment Research Advisors Inc. boosted its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,245,887 shares of the company’s stock after purchasing an additional 36,186 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $21,006,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Wells Fargo & Company MN grew its holdings in shares of First Trust Preferred Securities and Income ETF by 0.4% in the 4th quarter. Wells Fargo & Company MN now owns 10,592,022 shares of the company’s stock valued at $178,581,000 after buying an additional 42,501 shares during the period. UBS Group AG increased its holdings in shares of First Trust Preferred Securities and Income ETF by 1.1% in the third quarter. UBS Group AG now owns 9,900,363 shares of the company’s stock worth $158,109,000 after acquiring an additional 109,938 shares in the last quarter. Raymond James & Associates increased its holdings in shares of First Trust Preferred Securities and Income ETF by 5.8% in the fourth quarter. Raymond James & Associates now owns 3,102,085 shares of the company’s stock worth $52,301,000 after acquiring an additional 169,272 shares in the last quarter. HighTower Advisors LLC acquired a new stake in shares of First Trust Preferred Securities and Income ETF during the third quarter worth about $41,204,000. Finally, Stifel Financial Corp lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 1.6% during the 3rd quarter. Stifel Financial Corp now owns 2,418,800 shares of the company’s stock valued at $38,628,000 after purchasing an additional 38,411 shares in the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

Shares of FPE traded up $0.02 on Friday, hitting $17.23. The company’s stock had a trading volume of 725,946 shares, compared to its average volume of 1,389,479. The firm’s fifty day moving average price is $17.24 and its 200-day moving average price is $16.94. First Trust Preferred Securities and Income ETF has a fifty-two week low of $15.46 and a fifty-two week high of $17.45.

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.