FT Energy Income Partners Enhanced Income ETF $EIPI Shares Newly Purchased by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC acquired a new position in shares of FT Energy Income Partners Enhanced Income ETF (NYSEARCA:EIPI) in the 3rd quarter, HoldingsChannel reports. The firm acquired 84,836 shares of the company’s stock, valued at approximately $1,806,000.

A number of other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC acquired a new position in FT Energy Income Partners Enhanced Income ETF in the third quarter worth $36,000. Farther Finance Advisors LLC bought a new stake in shares of FT Energy Income Partners Enhanced Income ETF during the third quarter worth $57,000. CoreCap Advisors LLC acquired a new stake in shares of FT Energy Income Partners Enhanced Income ETF in the third quarter valued at $1,279,000. Allied Private Wealth LLC acquired a new stake in shares of FT Energy Income Partners Enhanced Income ETF in the second quarter valued at $108,000. Finally, Bank of New York Mellon Corp increased its stake in shares of FT Energy Income Partners Enhanced Income ETF by 173.7% in the first quarter. Bank of New York Mellon Corp now owns 41,335 shares of the company’s stock valued at $930,000 after buying an additional 26,232 shares in the last quarter.

FT Energy Income Partners Enhanced Income ETF Stock Down 0.0%

Shares of NYSEARCA EIPI opened at $22.67 on Wednesday. The firm’s 50-day simple moving average is $22.33 and its 200 day simple moving average is $22.08. The company has a market cap of $1.11 billion, a price-to-earnings ratio of 16.58 and a beta of 0.17. FT Energy Income Partners Enhanced Income ETF has a 12-month low of $19.37 and a 12-month high of $23.08.

FT Energy Income Partners Enhanced Income ETF Profile

The FT Energy Income Partners Enhanced Income ETF (EIPI) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed fund that seeks total return with a focus on distributions. The fund invests globally within the broader energy market, while combining both covered and naked call options writing strategies to enhance income. EIPI was launched on Sep 27, 2011 and is issued by First Trust.