Private Trust Co. NA Cuts Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Private Trust Co. NA cut its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 4.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 93,925 shares of the company’s stock after selling 4,806 shares during the quarter. Private Trust Co. NA’s holdings in First Trust Preferred Securities and Income ETF were worth $1,700,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Farther Finance Advisors LLC grew its position in First Trust Preferred Securities and Income ETF by 5.8% during the third quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock worth $184,000 after buying an additional 559 shares during the period. Aspen Wealth Strategies LLC raised its position in shares of First Trust Preferred Securities and Income ETF by 1.2% during the 3rd quarter. Aspen Wealth Strategies LLC now owns 50,959 shares of the company’s stock worth $922,000 after purchasing an additional 593 shares during the last quarter. Ameliora Wealth Management Ltd. lifted its stake in First Trust Preferred Securities and Income ETF by 93.1% in the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after buying an additional 690 shares in the last quarter. Patten Group Inc. grew its holdings in First Trust Preferred Securities and Income ETF by 1.2% during the 2nd quarter. Patten Group Inc. now owns 78,132 shares of the company’s stock valued at $1,356,000 after buying an additional 961 shares during the last quarter. Finally, TRUE Private Wealth Advisors raised its stake in First Trust Preferred Securities and Income ETF by 5.5% in the 2nd quarter. TRUE Private Wealth Advisors now owns 18,936 shares of the company’s stock valued at $329,000 after purchasing an additional 983 shares during the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

Shares of FPE opened at $17.88 on Tuesday. The company’s 50 day simple moving average is $18.05 and its 200 day simple moving average is $17.71. First Trust Preferred Securities and Income ETF has a 1 year low of $16.14 and a 1 year high of $18.23.

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.