Park National Corp OH Has $33.13 Million Holdings in First Trust Preferred Securities and Income ETF $FPE

Park National Corp OH lifted its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 4.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,866,242 shares of the company’s stock after purchasing an additional 85,821 shares during the quarter. First Trust Preferred Securities and Income ETF accounts for 1.0% of Park National Corp OH’s holdings, making the stock its 29th largest position. Park National Corp OH owned 0.53% of First Trust Preferred Securities and Income ETF worth $33,126,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FPE. Brown Brothers Harriman & Co. bought a new stake in shares of First Trust Preferred Securities and Income ETF in the fourth quarter valued at approximately $39,000. 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 acquiring an additional 1,935 shares during the period. Ameriflex Group Inc. raised its holdings in 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 acquiring an additional 1,832 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in First Trust Preferred Securities and Income ETF in the 4th quarter valued at $45,000. Finally, Raleigh Capital Management Inc. lifted its position in shares of 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 valued at $46,000 after acquiring an additional 752 shares during the period.

First Trust Preferred Securities and Income ETF Stock Performance

NYSEARCA:FPE opened at $17.99 on Friday. First Trust Preferred Securities and Income ETF has a fifty-two week low of $17.54 and a fifty-two week high of $18.51. The stock has a fifty day moving average price of $18.03 and a 200-day moving average price of $18.14.

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