Cornell Pochily Investment Advisors Inc. Sells 7,183 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Cornell Pochily Investment Advisors Inc. lessened its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 15.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,151 shares of the company’s stock after selling 7,183 shares during the quarter. Cornell Pochily Investment Advisors Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $711,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Ameliora Wealth Management Ltd. grew its holdings in shares of First Trust Preferred Securities and Income ETF by 93.1% in the third quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after purchasing an additional 690 shares in the last quarter. Raleigh Capital Management Inc. lifted its position in First Trust Preferred Securities and Income ETF by 96.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 1,681 shares of the company’s stock valued at $30,000 after purchasing an additional 826 shares during the last quarter. Mattson Financial Services LLC purchased a new position in shares of First Trust Preferred Securities and Income ETF in the 2nd quarter worth $46,000. ORG Partners LLC increased its holdings in shares of First Trust Preferred Securities and Income ETF by 1,655.6% in the 4th quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock worth $47,000 after buying an additional 2,500 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in shares of First Trust Preferred Securities and Income ETF by 435.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,849 shares of the company’s stock valued at $68,000 after buying an additional 3,130 shares in the last quarter.

First Trust Preferred Securities and Income ETF Trading Down 0.1 %

FPE opened at $17.72 on Monday. The stock has a 50-day moving average of $17.80 and a 200 day moving average of $17.85. First Trust Preferred Securities and Income ETF has a 12 month low of $16.95 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.