Blackhawk Capital Partners LLC. Raises Stock Position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Blackhawk Capital Partners LLC. increased its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 5.0% during the third quarter, HoldingsChannel.com reports. The fund owned 145,091 shares of the company’s stock after acquiring an additional 6,944 shares during the quarter. First Trust Preferred Securities and Income ETF accounts for approximately 1.4% of Blackhawk Capital Partners LLC.’s holdings, making the stock its 17th largest holding. Blackhawk Capital Partners LLC.’s holdings in First Trust Preferred Securities and Income ETF were worth $2,626,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of the company. LPL Financial LLC grew its holdings in First Trust Preferred Securities and Income ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 11,876,712 shares of the company’s stock valued at $214,968,000 after buying an additional 1,035,105 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in First Trust Preferred Securities and Income ETF by 2.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 5,552,458 shares of the company’s stock valued at $96,391,000 after purchasing an additional 157,982 shares during the last quarter. Kestra Advisory Services LLC lifted its holdings in First Trust Preferred Securities and Income ETF by 4.9% in the 1st quarter. Kestra Advisory Services LLC now owns 2,134,429 shares of the company’s stock valued at $36,968,000 after purchasing an additional 100,431 shares in the last quarter. Prospera Financial Services Inc grew its holdings in shares of First Trust Preferred Securities and Income ETF by 15.7% during the third quarter. Prospera Financial Services Inc now owns 1,622,012 shares of the company’s stock worth $29,362,000 after buying an additional 220,692 shares in the last quarter. Finally, International Assets Investment Management LLC raised its position in shares of First Trust Preferred Securities and Income ETF by 1,642.3% in the third quarter. International Assets Investment Management LLC now owns 1,544,370 shares of the company’s stock valued at $279,530,000 after buying an additional 1,455,731 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of NYSEARCA FPE opened at $17.89 on Thursday. First Trust Preferred Securities and Income ETF has a 1 year low of $16.09 and a 1 year high of $18.23. The firm’s 50 day moving average price is $18.06 and its 200 day moving average price is $17.69.

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.