Rockefeller Capital Management L.P. Has $40.29 Million Holdings in First Trust Preferred Securities and Income ETF $FPE

Rockefeller Capital Management L.P. raised its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 9.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,211,426 shares of the company’s stock after buying an additional 197,896 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in First Trust Preferred Securities and Income ETF were worth $40,292,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC raised its holdings in shares of First Trust Preferred Securities and Income ETF by 18.6% during the fourth quarter. LPL Financial LLC now owns 16,820,824 shares of the company’s stock valued at $306,475,000 after acquiring an additional 2,636,765 shares during the period. Stonebridge Advisors LLC boosted its stake in First Trust Preferred Securities and Income ETF by 1,312.3% in the 4th quarter. Stonebridge Advisors LLC now owns 2,368,824 shares of the company’s stock worth $40,181,000 after purchasing an additional 2,201,095 shares during the period. Jane Street Group LLC grew its position in First Trust Preferred Securities and Income ETF by 433.4% during the 2nd quarter. Jane Street Group LLC now owns 1,402,861 shares of the company’s stock worth $24,971,000 after purchasing an additional 1,139,866 shares in the last quarter. Morgan Stanley grew its position in First Trust Preferred Securities and Income ETF by 2.1% during the 4th quarter. Morgan Stanley now owns 53,251,105 shares of the company’s stock worth $970,235,000 after purchasing an additional 1,110,239 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in First Trust Preferred Securities and Income ETF by 29.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,541,584 shares of the company’s stock valued at $82,785,000 after purchasing an additional 1,041,910 shares during the period.

First Trust Preferred Securities and Income ETF Stock Performance

FPE opened at $17.99 on Monday. The stock has a fifty day moving average of $18.03 and a 200-day moving average of $18.14. First Trust Preferred Securities and Income ETF has a 12-month low of $17.54 and a 12-month high of $18.51.

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. FPE was launched on Feb 12, 2013 and is managed by First Trust.