47,702 Shares in First Trust Institutional Preferred Securities and Income ETF $FPEI Bought by Integrity Alliance LLC.

Integrity Alliance LLC. purchased a new stake in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 47,702 shares of the company’s stock, valued at approximately $880,000.

A number of other hedge funds have also recently made changes to their positions in FPEI. Pinnacle Financial Group LLC IL acquired a new stake in First Trust Institutional Preferred Securities and Income ETF during the third quarter valued at $975,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in First Trust Institutional Preferred Securities and Income ETF during the 3rd quarter valued at about $645,000. MGO One Seven LLC purchased a new stake in shares of First Trust Institutional Preferred Securities and Income ETF in the third quarter valued at $3,433,000. International Assets Investment Management LLC bought a new stake in shares of First Trust Institutional Preferred Securities and Income ETF in the third quarter valued at approximately $11,064,000. Finally, Partners Wealth Management LLC bought a new position in First Trust Institutional Preferred Securities and Income ETF in the third quarter valued at about $664,000.

First Trust Institutional Preferred Securities and Income ETF Stock Up 0.3%

FPEI opened at $18.58 on Friday. First Trust Institutional Preferred Securities and Income ETF has a twelve month low of $18.29 and a twelve month high of $19.61. The company has a 50-day simple moving average of $18.63 and a 200 day simple moving average of $19.10.

First Trust Institutional Preferred Securities and Income ETF Company Profile

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. FPEI was launched on Aug 22, 2017 and is managed by First Trust.