Moser Wealth Advisors LLC Increases Stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Moser Wealth Advisors LLC grew its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 1.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 95,184 shares of the company’s stock after buying an additional 1,572 shares during the period. First Trust Preferred Securities and Income ETF makes up about 0.9% of Moser Wealth Advisors LLC’s investment portfolio, making the stock its 26th largest holding. Moser Wealth Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,685,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Ameliora Wealth Management Ltd. increased its holdings in shares of First Trust Preferred Securities and Income ETF by 93.1% in the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock worth $26,000 after purchasing an additional 690 shares in the last quarter. Raleigh Capital Management Inc. boosted its holdings in First Trust Preferred Securities and Income ETF by 96.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,681 shares of the company’s stock worth $30,000 after purchasing an additional 826 shares during the last quarter. ORG Partners LLC grew its position in First Trust Preferred Securities and Income ETF by 1,655.6% in the 4th quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock worth $47,000 after purchasing an additional 2,500 shares during the period. FSC Wealth Advisors LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 75.9% during the 3rd quarter. FSC Wealth Advisors LLC now owns 3,820 shares of the company’s stock valued at $69,000 after buying an additional 1,648 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of First Trust Preferred Securities and Income ETF by 435.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,849 shares of the company’s stock worth $68,000 after buying an additional 3,130 shares during the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

FPE stock opened at $17.80 on Friday. The business’s 50-day moving average is $17.78 and its two-hundred day moving average is $17.85. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.95 and a fifty-two week high of $18.23.

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.