First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC lessened its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 45.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,255 shares of the company’s stock after selling 15,303 shares during the quarter. Soltis Investment Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $323,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Raleigh Capital Management Inc. grew its stake in shares of First Trust Preferred Securities and Income ETF by 96.6% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,681 shares of the company’s stock valued at $30,000 after buying an additional 826 shares during the period. ORG Partners LLC lifted its stake in shares of 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 valued at $47,000 after purchasing an additional 2,500 shares during the last quarter. FSC Wealth Advisors LLC increased its position 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 worth $69,000 after purchasing an additional 1,648 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in 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 valued at $68,000 after buying an additional 3,130 shares during the period. Finally, Venture Visionary Partners LLC purchased a new stake in First Trust Preferred Securities and Income ETF in the 3rd quarter valued at about $183,000.

First Trust Preferred Securities and Income ETF Stock Down 0.1 %

Shares of FPE stock opened at $17.82 on Wednesday. First Trust Preferred Securities and Income ETF has a 1-year low of $16.95 and a 1-year high of $18.23. The company has a 50-day moving average of $17.77 and a two-hundred day moving average of $17.86.

About First Trust Preferred Securities and Income ETF

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.