First Trust Institutional Preferred Securities and Income ETF $FPEI Position Increased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. increased its stake in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEIFree Report) by 11.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 48,000 shares of the company’s stock after purchasing an additional 4,817 shares during the period. Mirae Asset Global Investments Co. Ltd. owned 0.06% of First Trust Institutional Preferred Securities and Income ETF worth $912,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in FPEI. LPL Financial LLC raised its stake in First Trust Institutional Preferred Securities and Income ETF by 9.1% during the 1st quarter. LPL Financial LLC now owns 3,837,937 shares of the company’s stock valued at $71,769,000 after acquiring an additional 319,485 shares in the last quarter. Royal Bank of Canada raised its stake in First Trust Institutional Preferred Securities and Income ETF by 11.9% during the 1st quarter. Royal Bank of Canada now owns 3,334,754 shares of the company’s stock valued at $62,360,000 after acquiring an additional 355,102 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in First Trust Institutional Preferred Securities and Income ETF by 18.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 2,463,341 shares of the company’s stock valued at $46,064,000 after acquiring an additional 375,497 shares in the last quarter. Smith Chas P & Associates PA Cpas raised its stake in First Trust Institutional Preferred Securities and Income ETF by 2.2% during the 2nd quarter. Smith Chas P & Associates PA Cpas now owns 2,292,114 shares of the company’s stock valued at $43,527,000 after acquiring an additional 49,272 shares in the last quarter. Finally, Truist Financial Corp raised its stake in First Trust Institutional Preferred Securities and Income ETF by 8.7% during the 2nd quarter. Truist Financial Corp now owns 1,209,178 shares of the company’s stock valued at $22,962,000 after acquiring an additional 96,463 shares in the last quarter.

First Trust Institutional Preferred Securities and Income ETF Stock Down 0.2%

Shares of First Trust Institutional Preferred Securities and Income ETF stock opened at $19.35 on Friday. The business’s fifty day moving average price is $19.25 and its two-hundred day moving average price is $18.88. First Trust Institutional Preferred Securities and Income ETF has a 1-year low of $17.81 and a 1-year high of $19.48.

First Trust Institutional Preferred Securities and Income ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FPEI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEIFree Report).

Institutional Ownership by Quarter for First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI)

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