Magnus Financial Group LLC Sells 31,243 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Magnus Financial Group LLC decreased its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPEGet Rating) by 2.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,049,970 shares of the company’s stock after selling 31,243 shares during the quarter. First Trust Preferred Securities and Income ETF accounts for about 4.1% of Magnus Financial Group LLC’s investment portfolio, making the stock its 6th largest position. Magnus Financial Group LLC owned approximately 0.26% of First Trust Preferred Securities and Income ETF worth $21,335,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of the business. Good Life Advisors LLC acquired a new position in First Trust Preferred Securities and Income ETF in the fourth quarter worth approximately $337,000. Cutter & CO Brokerage Inc. grew its position in First Trust Preferred Securities and Income ETF by 32.4% in the fourth quarter. Cutter & CO Brokerage Inc. now owns 14,586 shares of the company’s stock worth $296,000 after buying an additional 3,569 shares during the last quarter. WealthShield Partners LLC acquired a new position in First Trust Preferred Securities and Income ETF in the 4th quarter worth approximately $302,000. Citigroup Inc. boosted its stake in First Trust Preferred Securities and Income ETF by 46.4% in the 4th quarter. Citigroup Inc. now owns 708,787 shares of the company’s stock worth $14,403,000 after purchasing an additional 224,483 shares during the period. Finally, Flagship Harbor Advisors LLC acquired a new position in First Trust Preferred Securities and Income ETF in the 4th quarter worth approximately $274,000.

First Trust Preferred Securities and Income ETF stock traded up $0.04 during midday trading on Friday, reaching $17.89. The stock had a trading volume of 2,937,465 shares, compared to its average volume of 2,465,406. The firm’s fifty day simple moving average is $18.63 and its two-hundred day simple moving average is $19.54. First Trust Preferred Securities and Income ETF has a twelve month low of $17.83 and a twelve month high of $20.76.

Featured Articles

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

Receive News & Ratings for First Trust Preferred Securities and Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Preferred Securities and Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.