Twin Peaks Wealth Advisors LLC Increases Stock Holdings in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI)

Twin Peaks Wealth Advisors LLC increased its stake in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,928 shares of the company’s stock after buying an additional 611 shares during the quarter. Twin Peaks Wealth Advisors LLC owned 0.08% of First Trust Institutional Preferred Securities and Income ETF worth $1,008,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of FPEI. Private Advisor Group LLC grew its stake in shares of First Trust Institutional Preferred Securities and Income ETF by 5.3% in the 3rd quarter. Private Advisor Group LLC now owns 154,750 shares of the company’s stock worth $2,951,000 after acquiring an additional 7,777 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in First Trust Institutional Preferred Securities and Income ETF by 140.1% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,000 shares of the company’s stock worth $799,000 after purchasing an additional 24,508 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in First Trust Institutional Preferred Securities and Income ETF in the 3rd quarter worth about $209,000. J.W. Cole Advisors Inc. increased its stake in First Trust Institutional Preferred Securities and Income ETF by 31.0% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 103,805 shares of the company’s stock valued at $1,980,000 after buying an additional 24,555 shares during the last quarter. Finally, Inscription Capital LLC lifted its position in shares of First Trust Institutional Preferred Securities and Income ETF by 6.3% during the 3rd quarter. Inscription Capital LLC now owns 35,217 shares of the company’s stock worth $672,000 after buying an additional 2,085 shares in the last quarter.

First Trust Institutional Preferred Securities and Income ETF Stock Performance

Shares of NYSEARCA FPEI opened at $18.76 on Tuesday. The stock’s 50 day moving average price is $18.72 and its 200-day moving average price is $18.80. First Trust Institutional Preferred Securities and Income ETF has a twelve month low of $17.90 and a twelve month high of $19.11.

About First Trust Institutional Preferred Securities and Income ETF

The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities.