First Trust Preferred Securities and Income ETF $FPE Stock Bought by Private Advisory Group LLC

Private Advisory Group LLC lifted its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 17.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 226,104 shares of the company’s stock after buying an additional 33,803 shares during the period. Private Advisory Group LLC owned about 0.07% of First Trust Preferred Securities and Income ETF worth $3,855,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. TI Trust Inc. lifted its holdings in First Trust Preferred Securities and Income ETF by 1.8% during the third quarter. TI Trust Inc. now owns 33,914 shares of the company’s stock worth $578,000 after acquiring an additional 595 shares in the last quarter. Milestones Private Investment Advisors LLC grew its stake in First Trust Preferred Securities and Income ETF by 0.4% in the third quarter. Milestones Private Investment Advisors LLC now owns 147,334 shares of the company’s stock valued at $2,512,000 after acquiring an additional 650 shares during the period. Blue Zone Wealth Advisors LLC increased its holdings in shares of First Trust Preferred Securities and Income ETF by 5.7% in the third quarter. Blue Zone Wealth Advisors LLC now owns 12,323 shares of the company’s stock worth $210,000 after acquiring an additional 661 shares in the last quarter. Certified Advisory Corp raised its position in shares of First Trust Preferred Securities and Income ETF by 2.5% during the third quarter. Certified Advisory Corp now owns 31,439 shares of the company’s stock worth $536,000 after purchasing an additional 752 shares during the period. Finally, Paller Financial Services Inc raised its position in shares of First Trust Preferred Securities and Income ETF by 1.4% during the third quarter. Paller Financial Services Inc now owns 56,735 shares of the company’s stock worth $967,000 after purchasing an additional 765 shares during the period.

First Trust Preferred Securities and Income ETF Trading Down 0.6%

NYSEARCA:FPE opened at $16.98 on Friday. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.87 and a fifty-two week high of $18.48. The business’s 50-day simple moving average is $17.18 and its 200-day simple moving average is $17.79.

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. FPE was launched on Feb 12, 2013 and is managed by First Trust.