First Trust Preferred Securities and Income ETF $FPE Shares Sold by Integrity Wealth Advisors Inc.

Integrity Wealth Advisors Inc. trimmed its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 68.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 664,866 shares of the company’s stock after selling 1,467,864 shares during the quarter. First Trust Preferred Securities and Income ETF makes up approximately 8.3% of Integrity Wealth Advisors Inc.’s investment portfolio, making the stock its 3rd largest position. Integrity Wealth Advisors Inc. owned approximately 0.19% of First Trust Preferred Securities and Income ETF worth $12,167,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Morgan Stanley raised its stake in shares of First Trust Preferred Securities and Income ETF by 2.1% during the 4th quarter. Morgan Stanley now owns 53,251,105 shares of the company’s stock worth $970,235,000 after buying an additional 1,110,239 shares during the period. LPL Financial LLC raised its stake in shares of First Trust Preferred Securities and Income ETF by 18.6% during the 4th quarter. LPL Financial LLC now owns 16,820,824 shares of the company’s stock worth $306,475,000 after buying an additional 2,636,765 shares during the period. Wells Fargo & Company MN raised its stake in shares of First Trust Preferred Securities and Income ETF by 4.1% during the 4th quarter. Wells Fargo & Company MN now owns 15,930,706 shares of the company’s stock worth $290,257,000 after buying an additional 624,898 shares during the period. Raymond James Financial Inc. raised its stake in shares of First Trust Preferred Securities and Income ETF by 1.7% during the 3rd quarter. Raymond James Financial Inc. now owns 8,885,934 shares of the company’s stock worth $162,079,000 after buying an additional 144,985 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of First Trust Preferred Securities and Income ETF by 5.3% during the 3rd quarter. Bank of America Corp DE now owns 7,607,592 shares of the company’s stock worth $138,762,000 after buying an additional 381,048 shares during the period.

First Trust Preferred Securities and Income ETF Stock Down 0.2%

Shares of FPE stock opened at $17.98 on Thursday. The stock has a 50 day simple moving average of $18.03 and a 200-day simple moving average of $18.14. First Trust Preferred Securities and Income ETF has a 1-year low of $17.54 and a 1-year high of $18.51.

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. FPE was launched on Feb 12, 2013 and is managed by First Trust.