Oppenheimer & Co. Inc. trimmed its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) by 0.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 396,814 shares of the company’s stock after selling 596 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $7,024,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of FPE. Perigon Wealth Management LLC purchased a new stake in shares of First Trust Preferred Securities and Income ETF in the fourth quarter worth about $219,000. Atomi Financial Group Inc. acquired a new position in First Trust Preferred Securities and Income ETF during the 4th quarter worth approximately $232,000. Creative Planning boosted its holdings in First Trust Preferred Securities and Income ETF by 32.8% in the 3rd quarter. Creative Planning now owns 14,869 shares of the company’s stock worth $269,000 after acquiring an additional 3,669 shares during the period. Farther Finance Advisors LLC boosted its holdings in First Trust Preferred Securities and Income ETF by 5.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock worth $184,000 after acquiring an additional 559 shares during the period. Finally, Acorn Wealth Advisors LLC acquired a new stake in First Trust Preferred Securities and Income ETF in the third quarter valued at approximately $318,000.
First Trust Preferred Securities and Income ETF Trading Down 0.1 %
FPE opened at $17.81 on Friday. The firm’s 50 day moving average is $17.75 and its 200-day moving average is $17.88. First Trust Preferred Securities and Income ETF has a 52-week low of $16.95 and a 52-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.
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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).
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