First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Blackhawk Capital Partners LLC.

Blackhawk Capital Partners LLC. lowered its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 5.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,206 shares of the company’s stock after selling 8,757 shares during the quarter. First Trust Preferred Securities and Income ETF accounts for approximately 1.5% of Blackhawk Capital Partners LLC.’s holdings, making the stock its 18th biggest holding. Blackhawk Capital Partners LLC.’s holdings in First Trust Preferred Securities and Income ETF were worth $2,446,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its position in shares of First Trust Preferred Securities and Income ETF by 0.4% during the 4th quarter. Wells Fargo & Company MN now owns 10,592,022 shares of the company’s stock valued at $178,581,000 after buying an additional 42,501 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of First Trust Preferred Securities and Income ETF by 7.8% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 5,394,476 shares of the company’s stock valued at $93,432,000 after buying an additional 392,560 shares during the last quarter. Raymond James & Associates grew its position in shares of First Trust Preferred Securities and Income ETF by 7.5% during the 1st quarter. Raymond James & Associates now owns 3,334,448 shares of the company’s stock valued at $57,753,000 after buying an additional 232,363 shares during the last quarter. OLD Mission Capital LLC grew its position in shares of First Trust Preferred Securities and Income ETF by 26,692.8% during the 4th quarter. OLD Mission Capital LLC now owns 2,835,478 shares of the company’s stock valued at $47,806,000 after buying an additional 2,824,895 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its position in shares of First Trust Preferred Securities and Income ETF by 1.5% during the 4th quarter. Kestra Advisory Services LLC now owns 2,033,998 shares of the company’s stock valued at $34,293,000 after buying an additional 30,872 shares during the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

Shares of NYSEARCA:FPE traded up $0.02 during trading on Friday, reaching $17.50. 688,474 shares of the company’s stock traded hands, compared to its average volume of 1,305,580. First Trust Preferred Securities and Income ETF has a 12 month low of $15.46 and a 12 month high of $17.52. The company has a 50 day moving average of $17.31 and a 200-day moving average of $17.17.

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.