First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. lifted its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 0.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 232,971 shares of the company’s stock after purchasing an additional 1,134 shares during the period. D.A. Davidson & CO.’s holdings in First Trust Preferred Securities and Income ETF were worth $4,217,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Ameliora Wealth Management Ltd. increased its stake in shares of First Trust Preferred Securities and Income ETF by 93.1% in the third 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. Opal Wealth Advisors LLC bought a new stake in shares of First Trust Preferred Securities and Income ETF in the second quarter worth $26,000. FSC Wealth Advisors LLC increased its stake in shares of First Trust Preferred Securities and Income ETF by 85.3% in the second quarter. FSC Wealth Advisors LLC now owns 2,172 shares of the company’s stock worth $38,000 after buying an additional 1,000 shares during the last quarter. Mattson Financial Services LLC bought a new stake in First Trust Preferred Securities and Income ETF during the second quarter valued at $46,000. Finally, Larson Financial Group LLC increased its stake in First Trust Preferred Securities and Income ETF by 117.1% during the second quarter. Larson Financial Group LLC now owns 2,672 shares of the company’s stock valued at $46,000 after purchasing an additional 1,441 shares during the last quarter.

First Trust Preferred Securities and Income ETF Trading Up 0.1 %

FPE stock opened at $17.87 on Friday. First Trust Preferred Securities and Income ETF has a 1-year low of $16.16 and a 1-year high of $18.23. The firm has a fifty day moving average price of $18.03 and a two-hundred day moving average price of $17.72.

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.