Advisor OS LLC decreased its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) by 87.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,092 shares of the company’s stock after selling 439,880 shares during the period. Advisor OS LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,117,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of the business. Falcon Wealth Planning purchased a new position in shares of First Trust Preferred Securities and Income ETF during the fourth quarter valued at approximately $19,169,000. LPL Financial LLC grew its position in First Trust Preferred Securities and Income ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 11,876,712 shares of the company’s stock worth $214,968,000 after purchasing an additional 1,035,105 shares during the period. Barclays PLC purchased a new stake in First Trust Preferred Securities and Income ETF during the 3rd quarter valued at $12,838,000. Advisory Alpha LLC purchased a new stake in First Trust Preferred Securities and Income ETF during the 4th quarter valued at $11,641,000. Finally, Private Advisor Group LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 144.8% during the 4th quarter. Private Advisor Group LLC now owns 879,316 shares of the company’s stock valued at $15,564,000 after buying an additional 520,161 shares during the period.
First Trust Preferred Securities and Income ETF Stock Performance
FPE stock opened at $17.82 on Wednesday. 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’s fifty day moving average price is $17.75 and its 200-day moving average price is $17.89.
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.
Read More
- Five stocks we like better than First Trust Preferred Securities and Income ETF
- NYSE Stocks Give Investors a Variety of Quality Options
- Nebius Slides Post-Earnings: A Long-Term Buy Opportunity?
- 3 Grocery Stocks That Are Proving They Are Still Essential
- NVIDIA Stock: A Market Barometer in Tech’s Turbulent Times
- How to start investing in penny stocks
- Palantir Stock Nears Bear Market Territory – Why and What’s Next?
Want to see what other hedge funds are holding FPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report).
Receive News & Ratings for First Trust Preferred Securities and Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Preferred Securities and Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
