Quantitative Advantage LLC Grows Position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Quantitative Advantage LLC increased its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 12.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 85,877 shares of the company’s stock after purchasing an additional 9,244 shares during the period. Quantitative Advantage LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,730,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Jones Financial Companies Lllp purchased a new stake in First Trust Preferred Securities and Income ETF in the first quarter worth about $27,000. BlackRock Inc. bought a new stake in shares of First Trust Preferred Securities and Income ETF in the 1st quarter worth approximately $50,000. Certified Advisory Corp purchased a new stake in shares of First Trust Preferred Securities and Income ETF in the 1st quarter worth approximately $66,000. Wealthcare Advisory Partners LLC bought a new position in First Trust Preferred Securities and Income ETF during the 1st quarter valued at approximately $79,000. Finally, First Horizon Advisors Inc. purchased a new position in First Trust Preferred Securities and Income ETF during the first quarter valued at $97,000.

Shares of NYSEARCA FPE traded up $0.01 during trading on Friday, reaching $20.52. The company had a trading volume of 17,648 shares, compared to its average volume of 1,705,086. First Trust Preferred Securities and Income ETF has a 12-month low of $18.12 and a 12-month high of $20.52. The business’s 50-day moving average is $20.37.

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Institutional Ownership by Quarter for First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

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