Clear Creek Financial Management LLC Sells 4,877 Shares of First Trust Preferred Securities and Income ETF $FPE

Clear Creek Financial Management LLC decreased its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 19.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,761 shares of the company’s stock after selling 4,877 shares during the quarter. Clear Creek Financial Management LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $370,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Royal Bank of Canada raised its holdings in First Trust Preferred Securities and Income ETF by 2.9% during the 1st quarter. Royal Bank of Canada now owns 17,296,239 shares of the company’s stock valued at $304,241,000 after acquiring an additional 495,358 shares during the period. LPL Financial LLC raised its holdings in First Trust Preferred Securities and Income ETF by 10.2% during the 1st quarter. LPL Financial LLC now owns 14,362,757 shares of the company’s stock valued at $252,641,000 after acquiring an additional 1,334,701 shares during the period. Raymond James Financial Inc. raised its holdings in First Trust Preferred Securities and Income ETF by 3.6% during the 1st quarter. Raymond James Financial Inc. now owns 8,879,611 shares of the company’s stock valued at $156,192,000 after acquiring an additional 312,207 shares during the period. Ameriprise Financial Inc. raised its holdings in First Trust Preferred Securities and Income ETF by 41.5% during the 1st quarter. Ameriprise Financial Inc. now owns 3,464,598 shares of the company’s stock valued at $60,938,000 after acquiring an additional 1,016,528 shares during the period. Finally, Kestra Advisory Services LLC raised its holdings in First Trust Preferred Securities and Income ETF by 3.6% during the 1st quarter. Kestra Advisory Services LLC now owns 2,566,326 shares of the company’s stock valued at $45,142,000 after acquiring an additional 89,663 shares during the period.

First Trust Preferred Securities and Income ETF Stock Down 0.7%

First Trust Preferred Securities and Income ETF stock opened at $18.14 on Friday. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.77 and a fifty-two week high of $18.42. The firm’s fifty day moving average price is $18.18 and its 200-day moving average price is $17.77.

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.