Ausdal Financial Partners Inc. Has $781,000 Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Ausdal Financial Partners Inc. raised its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 13.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 44,138 shares of the company’s stock after acquiring an additional 5,133 shares during the period. Ausdal Financial Partners Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $781,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Raleigh Capital Management Inc. lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 96.6% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,681 shares of the company’s stock valued at $30,000 after purchasing an additional 826 shares in the last quarter. Promus Capital LLC bought a new position in First Trust Preferred Securities and Income ETF in the fourth quarter valued at approximately $35,000. ORG Partners LLC boosted its holdings in shares of First Trust Preferred Securities and Income ETF by 1,655.6% in the fourth quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock valued at $47,000 after buying an additional 2,500 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of First Trust Preferred Securities and Income ETF by 435.3% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,849 shares of the company’s stock worth $68,000 after acquiring an additional 3,130 shares in the last quarter. Finally, Ehrlich Financial Group bought a new stake in shares of First Trust Preferred Securities and Income ETF during the fourth quarter worth $181,000.

First Trust Preferred Securities and Income ETF Stock Down 0.3 %

FPE opened at $17.74 on Thursday. First Trust Preferred Securities and Income ETF has a 12 month low of $16.95 and a 12 month high of $18.23. The firm’s fifty day simple moving average is $17.77 and its 200 day simple moving average is $17.88.

First Trust Preferred Securities and Income ETF Company Profile

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.