Aspen Wealth Strategies LLC Sells 1,471 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Aspen Wealth Strategies LLC lessened its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 2.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 54,186 shares of the company’s stock after selling 1,471 shares during the period. Aspen Wealth Strategies LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $914,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. First Horizon Advisors Inc. grew its position in shares of First Trust Preferred Securities and Income ETF by 264.0% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,656 shares of the company’s stock worth $26,000 after buying an additional 1,201 shares during the last quarter. Tyler Stone Wealth Management purchased a new position in shares of First Trust Preferred Securities and Income ETF in the 2nd quarter worth approximately $30,000. Fortis Capital Advisors LLC purchased a new position in shares of First Trust Preferred Securities and Income ETF in the 4th quarter worth approximately $35,000. Sunbelt Securities Inc. purchased a new position in shares of First Trust Preferred Securities and Income ETF in the 1st quarter worth approximately $46,000. Finally, Cozad Asset Management Inc. purchased a new position in shares of First Trust Preferred Securities and Income ETF in the 3rd quarter worth approximately $160,000.

First Trust Preferred Securities and Income ETF Stock Down 0.3 %

Shares of First Trust Preferred Securities and Income ETF stock traded down $0.05 on Tuesday, reaching $16.96. The stock had a trading volume of 1,362,531 shares, compared to its average volume of 1,458,499. The company has a 50 day moving average price of $17.21 and a 200 day moving average price of $16.67. First Trust Preferred Securities and Income ETF has a 1 year low of $15.45 and a 1 year high of $17.45.

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.