First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Stock Position Increased by Affinity Wealth Management LLC

Affinity Wealth Management LLC grew its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,375,206 shares of the company’s stock after purchasing an additional 46,652 shares during the period. First Trust Preferred Securities and Income ETF makes up approximately 4.3% of Affinity Wealth Management LLC’s holdings, making the stock its 11th biggest position. Affinity Wealth Management LLC owned 0.45% of First Trust Preferred Securities and Income ETF worth $24,341,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Creative Planning grew its stake in shares of First Trust Preferred Securities and Income ETF by 32.8% in the third quarter. Creative Planning now owns 14,869 shares of the company’s stock worth $269,000 after purchasing an additional 3,669 shares in the last quarter. Farther Finance Advisors LLC grew its position in First Trust Preferred Securities and Income ETF by 5.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock valued at $184,000 after buying an additional 559 shares in the last quarter. Acorn Wealth Advisors LLC acquired a new position in First Trust Preferred Securities and Income ETF during the 3rd quarter valued at about $318,000. JPMorgan Chase & Co. increased its stake in shares of First Trust Preferred Securities and Income ETF by 29.4% during the third quarter. JPMorgan Chase & Co. now owns 989,613 shares of the company’s stock valued at $17,912,000 after acquiring an additional 224,647 shares during the period. Finally, Elevation Capital Advisory LLC bought a new stake in First Trust Preferred Securities and Income ETF during the second quarter worth approximately $5,750,000.

First Trust Preferred Securities and Income ETF Stock Down 0.1 %

Shares of NYSEARCA FPE opened at $17.72 on Friday. First Trust Preferred Securities and Income ETF has a 1 year low of $16.95 and a 1 year high of $18.23. The stock has a fifty day moving average price of $17.80 and a two-hundred day moving average price of $17.84.

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.