Kestra Private Wealth Services LLC Acquires 1,218 Shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI)

Kestra Private Wealth Services LLC boosted its stake in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 6.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,729 shares of the company’s stock after buying an additional 1,218 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $370,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in FPEI. Wagner Wealth Management LLC grew its position in shares of First Trust Institutional Preferred Securities and Income ETF by 5.3% during the 4th quarter. Wagner Wealth Management LLC now owns 17,750 shares of the company’s stock valued at $316,000 after acquiring an additional 898 shares during the period. Stratos Wealth Partners LTD. grew its holdings in First Trust Institutional Preferred Securities and Income ETF by 4.2% during the third quarter. Stratos Wealth Partners LTD. now owns 47,748 shares of the company’s stock valued at $806,000 after purchasing an additional 1,938 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in First Trust Institutional Preferred Securities and Income ETF by 12.6% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 86,033 shares of the company’s stock worth $1,452,000 after buying an additional 9,599 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of First Trust Institutional Preferred Securities and Income ETF by 19.9% in the third quarter. Envestnet Asset Management Inc. now owns 624,511 shares of the company’s stock valued at $10,542,000 after buying an additional 103,612 shares during the period. Finally, Kingswood Wealth Advisors LLC purchased a new position in shares of First Trust Institutional Preferred Securities and Income ETF during the 4th quarter valued at $314,000.

First Trust Institutional Preferred Securities and Income ETF Trading Up 0.1 %

FPEI stock opened at $18.23 on Wednesday. First Trust Institutional Preferred Securities and Income ETF has a fifty-two week low of $16.41 and a fifty-two week high of $18.28. The stock has a fifty day moving average of $18.11 and a 200-day moving average of $17.74.

First Trust Institutional Preferred Securities and Income ETF 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.