Nations Financial Group Inc. IA ADV Buys 4,612 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Nations Financial Group Inc. IA ADV grew its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 39.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,221 shares of the company’s stock after purchasing an additional 4,612 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in First Trust Preferred Securities and Income ETF were worth $282,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Etesian Wealth Advisors Inc. increased its position in First Trust Preferred Securities and Income ETF by 0.3% during the first quarter. Etesian Wealth Advisors Inc. now owns 187,309 shares of the company’s stock worth $3,244,000 after acquiring an additional 595 shares during the period. Cornerstone Advisory LLC increased its position in First Trust Preferred Securities and Income ETF by 2.2% during the fourth quarter. Cornerstone Advisory LLC now owns 31,729 shares of the company’s stock worth $535,000 after acquiring an additional 672 shares during the period. Edmonds Duncan Registered Investment Advisors LLC increased its holdings in First Trust Preferred Securities and Income ETF by 0.6% in the 1st quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 149,957 shares of the company’s stock valued at $2,597,000 after buying an additional 825 shares during the period. Centaurus Financial Inc. increased its holdings in First Trust Preferred Securities and Income ETF by 8.4% in the 4th quarter. Centaurus Financial Inc. now owns 10,936 shares of the company’s stock valued at $184,000 after buying an additional 848 shares during the period. Finally, Hilltop Holdings Inc. increased its holdings in First Trust Preferred Securities and Income ETF by 9.0% in the 4th quarter. Hilltop Holdings Inc. now owns 10,896 shares of the company’s stock valued at $184,000 after buying an additional 896 shares during the period.

First Trust Preferred Securities and Income ETF Price Performance

FPE stock traded down $0.07 during mid-day trading on Friday, hitting $17.76. The stock had a trading volume of 1,165,421 shares, compared to its average volume of 1,239,529. First Trust Preferred Securities and Income ETF has a 52 week low of $15.46 and a 52 week high of $17.83. The firm has a fifty day simple moving average of $17.57 and a 200 day simple moving average of $17.35.

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.