First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Purchased by Sigma Planning Corp

Sigma Planning Corp lifted its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 4.4% in the fourth quarter, Holdings Channel reports. The firm owned 376,037 shares of the company’s stock after acquiring an additional 15,851 shares during the period. Sigma Planning Corp’s holdings in First Trust Preferred Securities and Income ETF were worth $6,656,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in FPE. Perigon Wealth Management LLC purchased a new stake in First Trust Preferred Securities and Income ETF during the 4th quarter valued at approximately $219,000. Atomi Financial Group Inc. purchased a new stake in First Trust Preferred Securities and Income ETF during the 4th quarter valued at approximately $232,000. Creative Planning raised its stake in First Trust Preferred Securities and Income ETF by 32.8% during the 3rd quarter. Creative Planning now owns 14,869 shares of the company’s stock valued at $269,000 after acquiring an additional 3,669 shares during the last quarter. Farther Finance Advisors LLC raised its stake in First Trust Preferred Securities and Income ETF by 5.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock valued at $184,000 after acquiring an additional 559 shares during the last quarter. Finally, Acorn Wealth Advisors LLC purchased a new stake in First Trust Preferred Securities and Income ETF during the 3rd quarter valued at approximately $318,000.

First Trust Preferred Securities and Income ETF Stock Down 0.4 %

FPE opened at $17.77 on Friday. The business has a 50 day moving average price of $17.75 and a two-hundred day moving average price of $17.88. First Trust Preferred Securities and Income ETF has a 52 week low of $16.95 and a 52 week high of $18.23.

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.