First Trust Preferred Securities and Income ETF $FPE Shares Acquired by Midwest Heritage Bank FSB

Midwest Heritage Bank FSB increased its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 20.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 475,098 shares of the company’s stock after acquiring an additional 80,943 shares during the period. First Trust Preferred Securities and Income ETF makes up approximately 2.7% of Midwest Heritage Bank FSB’s portfolio, making the stock its 10th biggest holding. Midwest Heritage Bank FSB owned 0.14% of First Trust Preferred Securities and Income ETF worth $8,433,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Brown Brothers Harriman & Co. acquired a new stake in First Trust Preferred Securities and Income ETF in the fourth quarter valued at $39,000. Rossby Financial LCC increased its holdings in shares of First Trust Preferred Securities and Income ETF by 469.7% in the 3rd quarter. Rossby Financial LCC now owns 2,347 shares of the company’s stock valued at $43,000 after purchasing an additional 1,935 shares in the last quarter. Ameriflex Group Inc. increased its holdings in shares of First Trust Preferred Securities and Income ETF by 339.3% in the 3rd quarter. Ameriflex Group Inc. now owns 2,372 shares of the company’s stock valued at $43,000 after purchasing an additional 1,832 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the fourth quarter valued at about $45,000. Finally, Raleigh Capital Management Inc. lifted its stake in shares of First Trust Preferred Securities and Income ETF by 42.8% in the fourth quarter. Raleigh Capital Management Inc. now owns 2,507 shares of the company’s stock valued at $46,000 after purchasing an additional 752 shares during the period.

First Trust Preferred Securities and Income ETF Price Performance

FPE stock opened at $17.99 on Friday. The company’s 50-day moving average price is $18.03 and its 200 day moving average price is $18.14. First Trust Preferred Securities and Income ETF has a 52 week low of $17.54 and a 52 week high of $18.51.

About First Trust Preferred Securities and Income ETF

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.