Ashton Thomas Private Wealth LLC Purchases 3,263 Shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI)

Ashton Thomas Private Wealth LLC raised its holdings in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 6.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 52,924 shares of the company’s stock after acquiring an additional 3,263 shares during the quarter. Ashton Thomas Private Wealth LLC owned approximately 0.08% of First Trust Institutional Preferred Securities and Income ETF worth $1,009,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in FPEI. Zions Bancorporation N.A. bought a new stake in First Trust Institutional Preferred Securities and Income ETF during the 2nd quarter valued at approximately $92,000. International Assets Investment Management LLC bought a new stake in shares of First Trust Institutional Preferred Securities and Income ETF during the second quarter valued at approximately $157,000. Wedmont Private Capital bought a new stake in shares of First Trust Institutional Preferred Securities and Income ETF during the second quarter valued at approximately $186,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 82.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,645 shares of the company’s stock worth $196,000 after buying an additional 4,824 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of First Trust Institutional Preferred Securities and Income ETF during the third quarter worth $209,000.

First Trust Institutional Preferred Securities and Income ETF Trading Up 0.1 %

Shares of NYSEARCA FPEI opened at $18.86 on Thursday. First Trust Institutional Preferred Securities and Income ETF has a 52-week low of $17.00 and a 52-week high of $19.11. The firm’s fifty day moving average is $18.92 and its two-hundred day moving average is $18.60.

First Trust Institutional Preferred Securities and Income ETF Company Profile

The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities.