Harbour Investments Inc. Decreases Holdings in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI)

Harbour Investments Inc. lowered its position in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 30.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,348 shares of the company’s stock after selling 6,733 shares during the quarter. Harbour Investments Inc.’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $293,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of FPEI. US Bancorp DE purchased a new position in shares of First Trust Institutional Preferred Securities and Income ETF in the first quarter worth about $399,000. Osaic Holdings Inc. increased its stake in First Trust Institutional Preferred Securities and Income ETF by 28.3% in the 1st quarter. Osaic Holdings Inc. now owns 611,561 shares of the company’s stock worth $11,141,000 after purchasing an additional 134,933 shares during the period. Trustmark National Bank Trust Department lifted its position in First Trust Institutional Preferred Securities and Income ETF by 7.4% in the first quarter. Trustmark National Bank Trust Department now owns 28,259 shares of the company’s stock valued at $515,000 after purchasing an additional 1,950 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in shares of First Trust Institutional Preferred Securities and Income ETF by 6.3% during the first quarter. B. Riley Wealth Advisors Inc. now owns 40,754 shares of the company’s stock valued at $688,000 after purchasing an additional 2,425 shares during the period. Finally, Cetera Investment Advisers grew its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 2,072.0% in the first quarter. Cetera Investment Advisers now owns 363,963 shares of the company’s stock worth $6,631,000 after purchasing an additional 347,206 shares during the last quarter.

First Trust Institutional Preferred Securities and Income ETF Stock Up 0.1 %

Shares of NYSEARCA FPEI opened at $18.86 on Monday. The firm’s fifty day moving average is $18.92 and its 200 day moving average is $18.61. First Trust Institutional Preferred Securities and Income ETF has a 52 week low of $17.00 and a 52 week 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.