First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Purchased by Boyce & Associates Wealth Consulting Inc.

Boyce & Associates Wealth Consulting Inc. grew its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 52.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 25,473 shares of the company’s stock after acquiring an additional 8,740 shares during the quarter. Boyce & Associates Wealth Consulting Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $451,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in FPE. Stonebridge Advisors LLC increased its stake in shares of First Trust Preferred Securities and Income ETF by 25.1% during the second quarter. Stonebridge Advisors LLC now owns 228,435 shares of the company’s stock worth $3,966,000 after purchasing an additional 45,880 shares in the last quarter. Moors & Cabot Inc. boosted its stake in First Trust Preferred Securities and Income ETF by 5.9% during the 2nd quarter. Moors & Cabot Inc. now owns 81,204 shares of the company’s stock worth $1,410,000 after purchasing an additional 4,550 shares during the last quarter. Perennial Investment Advisors LLC purchased a new stake in shares of First Trust Preferred Securities and Income ETF during the second quarter worth $374,000. RPg Family Wealth Advisory LLC raised its position in shares of First Trust Preferred Securities and Income ETF by 17.0% in the second quarter. RPg Family Wealth Advisory LLC now owns 20,378 shares of the company’s stock valued at $354,000 after buying an additional 2,956 shares during the last quarter. Finally, Ameritas Investment Partners Inc. lifted its stake in shares of First Trust Preferred Securities and Income ETF by 1,275.1% in the second quarter. Ameritas Investment Partners Inc. now owns 410,145 shares of the company’s stock worth $7,120,000 after buying an additional 380,318 shares in the last quarter.

First Trust Preferred Securities and Income ETF Trading Down 0.5 %

FPE stock opened at $17.59 on Monday. The firm has a 50-day moving average of $17.86 and a two-hundred day moving average of $17.83. First Trust Preferred Securities and Income ETF has a 12 month low of $16.82 and a 12 month high of $18.23.

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.