Juno Financial Group LLC Makes New $5.56 Million Investment in First Trust Preferred Securities and Income ETF $FPE

Juno Financial Group LLC acquired a new stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 305,206 shares of the company’s stock, valued at approximately $5,561,000. First Trust Preferred Securities and Income ETF comprises approximately 2.2% of Juno Financial Group LLC’s holdings, making the stock its 12th biggest holding.

Other hedge funds have also recently made changes to their positions in the company. Ameritas Investment Partners Inc. increased its position in shares of First Trust Preferred Securities and Income ETF by 7.5% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 628,645 shares of the company’s stock valued at $11,466,000 after acquiring an additional 44,103 shares during the period. Citigroup Inc. increased its position in shares of First Trust Preferred Securities and Income ETF by 17.2% in the 3rd quarter. Citigroup Inc. now owns 985,145 shares of the company’s stock valued at $17,969,000 after acquiring an additional 144,720 shares during the period. Curran Financial Partners LLC increased its position in shares of First Trust Preferred Securities and Income ETF by 48.0% in the 3rd quarter. Curran Financial Partners LLC now owns 475,192 shares of the company’s stock valued at $8,668,000 after acquiring an additional 154,050 shares during the period. Twelve Points Wealth Management LLC increased its position in shares of First Trust Preferred Securities and Income ETF by 6.8% in the 3rd quarter. Twelve Points Wealth Management LLC now owns 520,584 shares of the company’s stock valued at $9,495,000 after acquiring an additional 32,973 shares during the period. Finally, Econ Financial Services Corp acquired a new position in shares of First Trust Preferred Securities and Income ETF in the 4th quarter valued at $2,129,000.

First Trust Preferred Securities and Income ETF Price Performance

NYSEARCA FPE opened at $18.12 on Thursday. The stock’s fifty day moving average price is $18.09 and its 200 day moving average price is $18.22. First Trust Preferred Securities and Income ETF has a 1 year low of $17.25 and a 1 year high of $18.51.

First Trust Preferred Securities and Income ETF 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. FPE was launched on Feb 12, 2013 and is managed by First Trust.