Kingsview Wealth Management LLC Acquires 23,614 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Kingsview Wealth Management LLC boosted its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 21.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 132,022 shares of the company’s stock after purchasing an additional 23,614 shares during the period. Kingsview Wealth Management LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $2,337,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of FPE. Simplicity Wealth LLC bought a new position in First Trust Preferred Securities and Income ETF during the third quarter worth $186,000. Creative Planning lifted its stake in shares of First Trust Preferred Securities and Income ETF by 32.8% in the 3rd quarter. Creative Planning now owns 14,869 shares of the company’s stock valued at $269,000 after purchasing an additional 3,669 shares during the period. NBC Securities Inc. boosted its position in shares of First Trust Preferred Securities and Income ETF by 18.9% during the 3rd quarter. NBC Securities Inc. now owns 98,126 shares of the company’s stock valued at $1,776,000 after purchasing an additional 15,621 shares in the last quarter. Magnus Financial Group LLC grew its stake in First Trust Preferred Securities and Income ETF by 2.5% during the third quarter. Magnus Financial Group LLC now owns 1,425,060 shares of the company’s stock worth $25,794,000 after purchasing an additional 35,008 shares during the period. Finally, SeaCrest Wealth Management LLC increased its holdings in First Trust Preferred Securities and Income ETF by 11.2% in the third quarter. SeaCrest Wealth Management LLC now owns 19,309 shares of the company’s stock worth $349,000 after purchasing an additional 1,950 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Up 0.2 %

Shares of FPE stock opened at $17.84 on Tuesday. The firm has a 50 day moving average of $17.78 and a 200-day moving average of $17.86. First Trust Preferred Securities and Income ETF has a 52 week low of $16.95 and a 52 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.