First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) Shares Sold by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management decreased its position in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 85,003 shares of the company’s stock after selling 1,030 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $1,516,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in FPEI. Raymond James & Associates boosted its stake in shares of First Trust Institutional Preferred Securities and Income ETF by 0.8% in the third quarter. Raymond James & Associates now owns 526,533 shares of the company’s stock valued at $8,888,000 after buying an additional 4,429 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in shares of First Trust Institutional Preferred Securities and Income ETF by 4.2% in the third quarter. Stratos Wealth Partners LTD. now owns 47,748 shares of the company’s stock valued at $806,000 after buying an additional 1,938 shares in the last quarter. Dunhill Financial LLC boosted its stake in shares of First Trust Institutional Preferred Securities and Income ETF by 3.2% in the third quarter. Dunhill Financial LLC now owns 40,984 shares of the company’s stock valued at $682,000 after buying an additional 1,277 shares in the last quarter. Financial Advocates Investment Management boosted its stake in shares of First Trust Institutional Preferred Securities and Income ETF by 18.4% in the third quarter. Financial Advocates Investment Management now owns 78,513 shares of the company’s stock valued at $1,325,000 after buying an additional 12,182 shares in the last quarter. Finally, Key Financial Inc boosted its stake in shares of First Trust Institutional Preferred Securities and Income ETF by 66.3% in the third quarter. Key Financial Inc now owns 428,027 shares of the company’s stock valued at $7,225,000 after buying an additional 170,635 shares in the last quarter.

First Trust Institutional Preferred Securities and Income ETF Stock Down 0.2 %

Shares of First Trust Institutional Preferred Securities and Income ETF stock traded down $0.04 during trading on Wednesday, reaching $18.18. The company’s stock had a trading volume of 58,291 shares, compared to its average volume of 318,055. The business has a 50 day moving average price of $18.11 and a 200-day moving average price of $17.74. First Trust Institutional Preferred Securities and Income ETF has a 12-month low of $16.44 and a 12-month high of $18.28.

About First Trust Institutional Preferred Securities and Income ETF

The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities.