Venture Visionary Partners LLC Makes New Investment in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Venture Visionary Partners LLC acquired a new position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 10,104 shares of the company’s stock, valued at approximately $183,000.

A number of other institutional investors have also recently made changes to their positions in the company. Ameliora Wealth Management Ltd. lifted its position in shares of First Trust Preferred Securities and Income ETF by 93.1% during the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after buying an additional 690 shares during the last quarter. Edmonds Duncan Registered Investment Advisors LLC lifted its holdings in First Trust Preferred Securities and Income ETF by 0.6% during the 1st quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 149,957 shares of the company’s stock worth $2,597,000 after purchasing an additional 825 shares in the last quarter. Patten Group Inc. lifted its holdings in First Trust Preferred Securities and Income ETF by 1.2% during the 2nd quarter. Patten Group Inc. now owns 78,132 shares of the company’s stock worth $1,356,000 after purchasing an additional 961 shares in the last quarter. TRUE Private Wealth Advisors lifted its holdings in First Trust Preferred Securities and Income ETF by 5.5% during the 2nd quarter. TRUE Private Wealth Advisors now owns 18,936 shares of the company’s stock worth $329,000 after purchasing an additional 983 shares in the last quarter. Finally, FSC Wealth Advisors LLC lifted its holdings in First Trust Preferred Securities and Income ETF by 85.3% during the 2nd quarter. FSC Wealth Advisors LLC now owns 2,172 shares of the company’s stock worth $38,000 after purchasing an additional 1,000 shares in the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

Shares of FPE opened at $17.97 on Thursday. The stock’s 50-day simple moving average is $18.00 and its 200 day simple moving average is $17.58. First Trust Preferred Securities and Income ETF has a 52-week low of $15.46 and a 52-week high of $18.23.

First Trust Preferred Securities and Income ETF Company 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.