505,315 Shares in First Trust Preferred Securities and Income ETF $FPE Purchased by Win Advisors Inc.

Win Advisors Inc. purchased a new position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 505,315 shares of the company’s stock, valued at approximately $9,207,000. First Trust Preferred Securities and Income ETF accounts for about 3.9% of Win Advisors Inc.’s investment portfolio, making the stock its 10th biggest holding. Win Advisors Inc. owned 0.14% of First Trust Preferred Securities and Income ETF at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Rossby Financial LCC increased its stake in First Trust Preferred Securities and Income ETF by 469.7% during the 3rd quarter. Rossby Financial LCC now owns 2,347 shares of the company’s stock worth $43,000 after buying an additional 1,935 shares in the last quarter. Ameriflex Group Inc. increased its stake in First Trust Preferred Securities and Income ETF by 339.3% during the 3rd quarter. Ameriflex Group Inc. now owns 2,372 shares of the company’s stock worth $43,000 after buying an additional 1,832 shares in the last quarter. Raleigh Capital Management Inc. increased its stake in First Trust Preferred Securities and Income ETF by 42.8% during the 4th quarter. Raleigh Capital Management Inc. now owns 2,507 shares of the company’s stock worth $46,000 after buying an additional 752 shares in the last quarter. Triumph Capital Management purchased a new stake in First Trust Preferred Securities and Income ETF during the 3rd quarter worth approximately $61,000. Finally, Private Wealth Asset Management LLC increased its stake in First Trust Preferred Securities and Income ETF by 595.9% during the 3rd quarter. Private Wealth Asset Management LLC now owns 5,233 shares of the company’s stock worth $95,000 after buying an additional 4,481 shares in the last quarter.

First Trust Preferred Securities and Income ETF Trading Down 0.1%

NYSEARCA:FPE opened at $18.13 on Tuesday. First Trust Preferred Securities and Income ETF has a 12 month low of $17.33 and a 12 month high of $18.51. The stock has a 50 day moving average of $18.02 and a two-hundred day moving average of $18.21.

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. FPE was launched on Feb 12, 2013 and is managed by First Trust.