First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC reduced its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 25.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,788 shares of the company’s stock after selling 69,970 shares during the period. Ironwood Investment Counsel LLC owned about 0.07% of First Trust Preferred Securities and Income ETF worth $3,554,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the company. Apollon Wealth Management LLC raised its position in shares of First Trust Preferred Securities and Income ETF by 14.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 27,274 shares of the company’s stock worth $494,000 after purchasing an additional 3,343 shares during the last quarter. ROI Financial Advisors LLC lifted its position in shares of First Trust Preferred Securities and Income ETF by 4.8% in the third quarter. ROI Financial Advisors LLC now owns 57,706 shares of the company’s stock valued at $1,044,000 after acquiring an additional 2,662 shares in the last quarter. Agilis Partners LLC lifted its position in shares of First Trust Preferred Securities and Income ETF by 1.0% in the third quarter. Agilis Partners LLC now owns 200,235 shares of the company’s stock valued at $3,624,000 after acquiring an additional 2,016 shares in the last quarter. SRS Capital Advisors Inc. increased its position in First Trust Preferred Securities and Income ETF by 4.1% during the 3rd quarter. SRS Capital Advisors Inc. now owns 1,531,988 shares of the company’s stock worth $27,729,000 after purchasing an additional 59,919 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in First Trust Preferred Securities and Income ETF by 12.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 14,838 shares of the company’s stock valued at $269,000 after purchasing an additional 1,696 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Down 0.4 %

First Trust Preferred Securities and Income ETF stock opened at $17.61 on Friday. The firm’s 50-day moving average is $17.76 and its two-hundred day moving average is $17.89. First Trust Preferred Securities and Income ETF has a 12-month low of $16.95 and a 12-month 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.