Maia Wealth LLC Buys Shares of 41,133 First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Maia Wealth LLC bought a new stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 41,133 shares of the company’s stock, valued at approximately $740,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FPE. Opal Wealth Advisors LLC acquired a new position in First Trust Preferred Securities and Income ETF in the second quarter valued at approximately $26,000. Ameliora Wealth Management Ltd. raised its holdings in shares of First Trust Preferred Securities and Income ETF by 93.1% during the third quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after buying an additional 690 shares during the last quarter. FSC Wealth Advisors LLC raised its holdings in shares of First Trust Preferred Securities and Income ETF by 85.3% during the second quarter. FSC Wealth Advisors LLC now owns 2,172 shares of the company’s stock valued at $38,000 after buying an additional 1,000 shares during the last quarter. Larson Financial Group LLC raised its holdings in shares of First Trust Preferred Securities and Income ETF by 117.1% during the second quarter. Larson Financial Group LLC now owns 2,672 shares of the company’s stock valued at $46,000 after buying an additional 1,441 shares during the last quarter. Finally, Mattson Financial Services LLC bought a new stake in shares of First Trust Preferred Securities and Income ETF during the second quarter valued at approximately $46,000.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of FPE traded down $0.09 during mid-day trading on Wednesday, reaching $17.92. 137,501 shares of the company’s stock traded hands, compared to its average volume of 1,224,118. The business’s 50-day moving average price is $18.03 and its 200-day moving average price is $17.63. First Trust Preferred Securities and Income ETF has a 12 month low of $15.92 and a 12 month 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.