38,218 Shares in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Purchased by Winebrenner Capital Management LLC

Winebrenner Capital Management LLC acquired a new stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 38,218 shares of the company’s stock, valued at approximately $676,000.

A number of other large investors also recently bought and sold shares of the stock. Aspen Investment Management Inc increased its position in shares of First Trust Preferred Securities and Income ETF by 7.9% during the fourth quarter. Aspen Investment Management Inc now owns 234,335 shares of the company’s stock valued at $4,148,000 after acquiring an additional 17,119 shares during the last quarter. WealthBridge Capital Management LLC boosted its position in shares of First Trust Preferred Securities and Income ETF by 4.1% during the 4th quarter. WealthBridge Capital Management LLC now owns 85,844 shares of the company’s stock worth $1,519,000 after purchasing an additional 3,357 shares during the period. Private Advisor Group LLC increased its holdings in First Trust Preferred Securities and Income ETF by 144.8% in the 4th quarter. Private Advisor Group LLC now owns 879,316 shares of the company’s stock valued at $15,564,000 after purchasing an additional 520,161 shares during the last quarter. Traction Financial Partners LLC raised its position in First Trust Preferred Securities and Income ETF by 1.9% in the fourth quarter. Traction Financial Partners LLC now owns 264,456 shares of the company’s stock valued at $4,681,000 after purchasing an additional 4,910 shares during the period. Finally, Atria Wealth Solutions Inc. raised its position in First Trust Preferred Securities and Income ETF by 14.1% in the fourth quarter. Atria Wealth Solutions Inc. now owns 186,672 shares of the company’s stock valued at $3,304,000 after purchasing an additional 23,067 shares during the period.

First Trust Preferred Securities and Income ETF Stock Performance

FPE opened at $17.77 on Friday. First Trust Preferred Securities and Income ETF has a 52 week low of $16.95 and a 52 week high of $18.23. The business has a fifty day simple moving average of $17.75 and a 200-day simple moving average of $17.88.

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.