Moors & Cabot Inc. lifted its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) by 14.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 92,580 shares of the company’s stock after buying an additional 11,376 shares during the quarter. Moors & Cabot Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $1,676,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Opal Wealth Advisors LLC acquired a new position in First Trust Preferred Securities and Income ETF during the 2nd quarter worth $26,000. Ameliora Wealth Management Ltd. grew its stake in First Trust Preferred Securities and Income ETF by 93.1% during the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock worth $26,000 after purchasing an additional 690 shares in the last quarter. FSC Wealth Advisors LLC grew its stake in First Trust Preferred Securities and Income ETF by 85.3% during the 2nd quarter. FSC Wealth Advisors LLC now owns 2,172 shares of the company’s stock worth $38,000 after purchasing an additional 1,000 shares in the last quarter. Larson Financial Group LLC grew its stake in First Trust Preferred Securities and Income ETF by 117.1% during the 2nd quarter. Larson Financial Group LLC now owns 2,672 shares of the company’s stock worth $46,000 after purchasing an additional 1,441 shares in the last quarter. Finally, Mattson Financial Services LLC acquired a new position in First Trust Preferred Securities and Income ETF during the 2nd quarter worth $46,000.
First Trust Preferred Securities and Income ETF Price Performance
FPE opened at $17.89 on Thursday. First Trust Preferred Securities and Income ETF has a 12 month low of $16.09 and a 12 month high of $18.23. The business has a fifty day moving average price of $18.06 and a 200 day moving average price of $17.69.
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.
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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).
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