First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) Shares Sold by Maia Wealth LLC

Maia Wealth LLC decreased its holdings in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 9.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,047 shares of the company’s stock after selling 3,399 shares during the quarter. Maia Wealth LLC’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $580,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in FPEI. Jane Street Group LLC acquired a new stake in First Trust Institutional Preferred Securities and Income ETF during the 3rd quarter worth about $1,468,000. Park Avenue Securities LLC lifted its position in First Trust Institutional Preferred Securities and Income ETF by 31.5% during the 4th quarter. Park Avenue Securities LLC now owns 86,415 shares of the company’s stock worth $1,616,000 after acquiring an additional 20,723 shares during the period. Janney Montgomery Scott LLC lifted its position in First Trust Institutional Preferred Securities and Income ETF by 20.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 117,606 shares of the company’s stock worth $2,199,000 after acquiring an additional 19,696 shares during the period. MML Investors Services LLC lifted its position in First Trust Institutional Preferred Securities and Income ETF by 21.8% during the 3rd quarter. MML Investors Services LLC now owns 16,341 shares of the company’s stock worth $312,000 after acquiring an additional 2,925 shares during the period. Finally, US Bancorp DE lifted its position in First Trust Institutional Preferred Securities and Income ETF by 52.3% during the 3rd quarter. US Bancorp DE now owns 32,171 shares of the company’s stock worth $614,000 after acquiring an additional 11,053 shares during the period.

First Trust Institutional Preferred Securities and Income ETF Trading Up 0.4 %

NYSEARCA FPEI opened at $18.88 on Monday. The stock has a 50-day simple moving average of $18.73 and a two-hundred day simple moving average of $18.81. First Trust Institutional Preferred Securities and Income ETF has a fifty-two week low of $17.90 and a fifty-two week high of $19.11.

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.