First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Holdings Increased by Wells Fargo & Company MN

Wells Fargo & Company MN boosted its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 7.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,744,821 shares of the company’s stock after buying an additional 1,005,457 shares during the quarter. Wells Fargo & Company MN owned 4.49% of First Trust Preferred Securities and Income ETF worth $243,283,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Perigon Wealth Management LLC purchased a new position in First Trust Preferred Securities and Income ETF during the 4th quarter worth approximately $219,000. Atomi Financial Group Inc. acquired a new position in First Trust Preferred Securities and Income ETF during the fourth quarter valued at $232,000. JPMorgan Chase & Co. raised its position in First Trust Preferred Securities and Income ETF by 29.4% during the third quarter. JPMorgan Chase & Co. now owns 989,613 shares of the company’s stock valued at $17,912,000 after buying an additional 224,647 shares during the period. Atria Wealth Solutions Inc. lifted its stake in First Trust Preferred Securities and Income ETF by 14.1% in the 4th quarter. Atria Wealth Solutions Inc. now owns 186,672 shares of the company’s stock worth $3,304,000 after acquiring an additional 23,067 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in First Trust Preferred Securities and Income ETF by 12.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 14,838 shares of the company’s stock worth $269,000 after acquiring an additional 1,696 shares during the period.

First Trust Preferred Securities and Income ETF Trading Down 1.4 %

Shares of FPE opened at $17.22 on Friday. The business’s 50-day moving average is $17.74 and its 200-day moving average is $17.86. 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 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.