First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) Shares Purchased by Wayfinding Financial LLC

Wayfinding Financial LLC raised its stake in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 33.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 205,329 shares of the company’s stock after acquiring an additional 51,187 shares during the quarter. First Trust Institutional Preferred Securities and Income ETF makes up approximately 1.7% of Wayfinding Financial LLC’s investment portfolio, making the stock its 16th largest position. Wayfinding Financial LLC’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $3,839,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in FPEI. Farther Finance Advisors LLC increased its position in shares of First Trust Institutional Preferred Securities and Income ETF by 126.9% during the first quarter. Farther Finance Advisors LLC now owns 3,410 shares of the company’s stock worth $64,000 after purchasing an additional 1,907 shares in the last quarter. Continuum Advisory LLC purchased a new position in shares of First Trust Institutional Preferred Securities and Income ETF in the 1st quarter valued at about $68,000. Dunhill Financial LLC grew its stake in First Trust Institutional Preferred Securities and Income ETF by 15.2% during the 4th quarter. Dunhill Financial LLC now owns 6,359 shares of the company’s stock worth $119,000 after buying an additional 839 shares during the last quarter. Cerity Partners LLC purchased a new position in shares of First Trust Institutional Preferred Securities and Income ETF in the 4th quarter valued at approximately $195,000. Finally, DAVENPORT & Co LLC purchased a new position in shares of First Trust Institutional Preferred Securities and Income ETF in the 1st quarter valued at approximately $205,000.

First Trust Institutional Preferred Securities and Income ETF Trading Up 0.2%

FPEI opened at $19.04 on Friday. First Trust Institutional Preferred Securities and Income ETF has a one year low of $17.81 and a one year high of $19.11. The business’s fifty day moving average is $18.74 and its two-hundred day moving average is $18.67.

About First Trust Institutional Preferred Securities and Income ETF

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.