FSC Wealth Advisors LLC Buys 1,648 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

FSC Wealth Advisors LLC lifted its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 75.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,820 shares of the company’s stock after purchasing an additional 1,648 shares during the quarter. FSC Wealth Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $69,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Venture Visionary Partners LLC bought a new position in First Trust Preferred Securities and Income ETF in the 3rd quarter valued at approximately $183,000. Toth Financial Advisory Corp lifted its position in First Trust Preferred Securities and Income ETF by 1.8% in the 3rd quarter. Toth Financial Advisory Corp now owns 162,003 shares of the company’s stock valued at $2,932,000 after acquiring an additional 2,874 shares in the last quarter. Midwest Heritage Bank FSB lifted its position in First Trust Preferred Securities and Income ETF by 4.3% in the 3rd quarter. Midwest Heritage Bank FSB now owns 286,082 shares of the company’s stock valued at $5,178,000 after acquiring an additional 11,860 shares in the last quarter. Cedrus LLC lifted its position in First Trust Preferred Securities and Income ETF by 26.8% in the 3rd quarter. Cedrus LLC now owns 164,212 shares of the company’s stock valued at $2,972,000 after acquiring an additional 34,699 shares in the last quarter. Finally, Secure Asset Management LLC lifted its position in First Trust Preferred Securities and Income ETF by 13.5% in the 3rd quarter. Secure Asset Management LLC now owns 26,417 shares of the company’s stock valued at $478,000 after acquiring an additional 3,139 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Up 0.1 %

FPE stock opened at $18.07 on Wednesday. First Trust Preferred Securities and Income ETF has a 12-month low of $15.46 and a 12-month high of $18.23. The stock’s 50 day simple moving average is $17.99 and its 200 day simple moving average is $17.57.

First Trust Preferred Securities and Income ETF 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.