FSC Wealth Advisors LLC Boosts Stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

FSC Wealth Advisors LLC lifted its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 75.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 3,820 shares of the company’s stock after acquiring an additional 1,648 shares during the period. FSC Wealth Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $69,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of FPE. Opal Wealth Advisors LLC bought a new position in First Trust Preferred Securities and Income ETF in the 2nd quarter worth $26,000. Ameliora Wealth Management Ltd. boosted its holdings in First Trust Preferred Securities and Income ETF by 93.1% in the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock worth $26,000 after buying an additional 690 shares during the period. Indiana Trust & Investment Management CO bought a new position in First Trust Preferred Securities and Income ETF in the 1st quarter worth $44,000. Larson Financial Group LLC boosted its holdings in First Trust Preferred Securities and Income ETF by 117.1% in the 2nd quarter. Larson Financial Group LLC now owns 2,672 shares of the company’s stock worth $46,000 after buying an additional 1,441 shares during the period. Finally, Mattson Financial Services LLC bought a new position in First Trust Preferred Securities and Income ETF in the 2nd quarter worth $46,000.

First Trust Preferred Securities and Income ETF Stock Up 0.1 %

Shares of First Trust Preferred Securities and Income ETF stock opened at $18.07 on Wednesday. The company has a fifty day moving average of $17.99 and a 200 day moving average of $17.57. First Trust Preferred Securities and Income ETF has a fifty-two week low of $15.46 and a fifty-two 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.