Tudor Financial Inc. Increases Stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Tudor Financial Inc. increased its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 6.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,919 shares of the company’s stock after buying an additional 1,421 shares during the period. Tudor Financial Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $423,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. International Assets Investment Management LLC boosted its holdings in shares of First Trust Preferred Securities and Income ETF by 1,642.3% in the 3rd quarter. International Assets Investment Management LLC now owns 1,544,370 shares of the company’s stock valued at $279,530,000 after buying an additional 1,455,731 shares in the last quarter. LPL Financial LLC increased its holdings in shares of First Trust Preferred Securities and Income ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 11,876,712 shares of the company’s stock valued at $214,968,000 after purchasing an additional 1,035,105 shares in the last quarter. Barclays PLC purchased a new position in shares of First Trust Preferred Securities and Income ETF in the 3rd quarter valued at about $12,838,000. Stifel Financial Corp increased its holdings in shares of First Trust Preferred Securities and Income ETF by 19.9% in the 3rd quarter. Stifel Financial Corp now owns 2,056,722 shares of the company’s stock valued at $37,227,000 after purchasing an additional 341,396 shares in the last quarter. Finally, Advisory Alpha LLC increased its holdings in First Trust Preferred Securities and Income ETF by 150.3% during the 2nd quarter. Advisory Alpha LLC now owns 552,002 shares of the company’s stock valued at $9,583,000 after acquiring an additional 331,469 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of FPE opened at $17.76 on Tuesday. The company has a 50-day moving average of $17.82 and a two-hundred day moving average of $17.84. First Trust Preferred Securities and Income ETF has a 12-month low of $16.82 and a 12-month high of $18.23.

First Trust Preferred Securities and Income ETF 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.