First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Private Trust Co. NA

Private Trust Co. NA cut its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 4.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,925 shares of the company’s stock after selling 4,806 shares during the period. Private Trust Co. NA’s holdings in First Trust Preferred Securities and Income ETF were worth $1,700,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in FPE. Opal Wealth Advisors LLC acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the 2nd quarter valued at $26,000. Ameliora Wealth Management Ltd. lifted its holdings in First Trust Preferred Securities and Income ETF by 93.1% during the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock worth $26,000 after buying an additional 690 shares during the last quarter. FSC Wealth Advisors LLC boosted its position in shares of First Trust Preferred Securities and Income ETF by 85.3% during the 2nd quarter. FSC Wealth Advisors LLC now owns 2,172 shares of the company’s stock worth $38,000 after acquiring an additional 1,000 shares in the last quarter. Larson Financial Group LLC increased its holdings in shares of First Trust Preferred Securities and Income ETF by 117.1% in the 2nd quarter. Larson Financial Group LLC now owns 2,672 shares of the company’s stock valued at $46,000 after acquiring an additional 1,441 shares during the last quarter. Finally, Mattson Financial Services LLC purchased a new position in shares of First Trust Preferred Securities and Income ETF in the 2nd quarter valued at about $46,000.

First Trust Preferred Securities and Income ETF Stock Performance

FPE stock opened at $17.88 on Tuesday. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.14 and a fifty-two week high of $18.23. The business has a 50 day moving average price of $18.05 and a 200 day moving average price of $17.71.

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.