Simon Quick Advisors LLC purchased a new stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 30,636 shares of the company’s stock, valued at approximately $544,000.
Several other large investors have also recently modified their holdings of the business. World Investment Advisors acquired a new position in shares of First Trust Preferred Securities and Income ETF during the 4th quarter valued at $526,000. Econ Financial Services Corp purchased a new position in shares of First Trust Preferred Securities and Income ETF during the fourth quarter valued at approximately $2,129,000. Juno Financial Group LLC bought a new position in shares of First Trust Preferred Securities and Income ETF during the fourth quarter valued at about $5,561,000. Appleton Partners Inc. MA lifted its position in shares of First Trust Preferred Securities and Income ETF by 26.5% during the 4th quarter. Appleton Partners Inc. MA now owns 203,925 shares of the company’s stock worth $3,716,000 after buying an additional 42,681 shares in the last quarter. Finally, Aurora Private Wealth Inc. purchased a new position in First Trust Preferred Securities and Income ETF in the fourth quarter worth $699,000.
First Trust Preferred Securities and Income ETF Price Performance
First Trust Preferred Securities and Income ETF stock opened at $17.94 on Friday. First Trust Preferred Securities and Income ETF has a twelve month low of $17.54 and a twelve month high of $18.51. The firm has a 50 day moving average price of $17.96 and a 200-day moving average price of $18.10.
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.
Featured Articles
- Five stocks we like better than First Trust Preferred Securities and Income ETF
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Want to see what other hedge funds are holding FPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report).
Receive News & Ratings for First Trust Preferred Securities and Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Preferred Securities and Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
