Moser Wealth Advisors LLC Sells 5,464 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Moser Wealth Advisors LLC lessened its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 5.6% during the fourth quarter, HoldingsChannel reports. The fund owned 92,153 shares of the company’s stock after selling 5,464 shares during the quarter. First Trust Preferred Securities and Income ETF accounts for about 1.0% of Moser Wealth Advisors LLC’s investment portfolio, making the stock its 25th biggest holding. Moser Wealth Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,554,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. HighTower Advisors LLC bought a new stake in First Trust Preferred Securities and Income ETF during the 3rd quarter worth approximately $41,204,000. International Assets Investment Management LLC raised its position in First Trust Preferred Securities and Income ETF by 1,480.0% in the 4th quarter. International Assets Investment Management LLC now owns 1,799,288 shares of the company’s stock valued at $30,336,000 after buying an additional 1,685,412 shares during the last quarter. Stonebridge Advisors LLC lifted its stake in First Trust Preferred Securities and Income ETF by 241.2% during the 4th quarter. Stonebridge Advisors LLC now owns 1,972,113 shares of the company’s stock valued at $33,250,000 after acquiring an additional 1,394,132 shares in the last quarter. Price Capital Management Inc. bought a new position in First Trust Preferred Securities and Income ETF during the 4th quarter valued at $20,313,000. Finally, Stratos Wealth Partners LTD. purchased a new position in First Trust Preferred Securities and Income ETF during the 4th quarter worth $13,331,000.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of FPE stock traded up $0.01 on Thursday, hitting $17.18. The stock had a trading volume of 91,368 shares, compared to its average volume of 1,430,353. The business has a 50 day moving average of $17.21 and a 200 day moving average of $16.82. First Trust Preferred Securities and Income ETF has a 12-month low of $15.46 and a 12-month high of $17.45.

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.