186,150 Shares of First Trust Institutional Preferred Securities and Income ETF $FPEI Acquired by MGO One Seven LLC

MGO One Seven LLC acquired a new position in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 186,150 shares of the company’s stock, valued at approximately $3,433,000. MGO One Seven LLC owned 0.18% of First Trust Institutional Preferred Securities and Income ETF as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Fifth Third Securities Inc. acquired a new position in First Trust Institutional Preferred Securities and Income ETF during the 3rd quarter worth $1,211,000. Flynn Zito Capital Management LLC boosted its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 52.2% in the first quarter. Flynn Zito Capital Management LLC now owns 170,481 shares of the company’s stock valued at $3,239,000 after acquiring an additional 58,438 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 43.7% in the first quarter. Geneos Wealth Management Inc. now owns 487,681 shares of the company’s stock valued at $9,266,000 after acquiring an additional 148,284 shares in the last quarter. Park National Corp OH boosted its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 17.1% in the third quarter. Park National Corp OH now owns 531,455 shares of the company’s stock valued at $9,800,000 after acquiring an additional 77,591 shares in the last quarter. Finally, Winebrenner Capital Management LLC acquired a new position in shares of First Trust Institutional Preferred Securities and Income ETF during the third quarter valued at approximately $2,309,000.

First Trust Institutional Preferred Securities and Income ETF Stock Up 0.1%

Shares of NYSEARCA FPEI opened at $18.50 on Tuesday. First Trust Institutional Preferred Securities and Income ETF has a 1 year low of $18.29 and a 1 year high of $19.61. The stock has a fifty day moving average price of $18.67 and a two-hundred day moving average price of $19.11.

About First Trust Institutional Preferred Securities and Income ETF

The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities. FPEI was launched on Aug 22, 2017 and is managed by First Trust.