First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Acquired by Patten Group Inc.

Patten Group Inc. boosted its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 15.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 89,212 shares of the company’s stock after purchasing an additional 11,916 shares during the quarter. Patten Group Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $1,579,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. LPL Financial LLC grew its holdings in First Trust Preferred Securities and Income ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 11,876,712 shares of the company’s stock valued at $214,968,000 after buying an additional 1,035,105 shares during the period. HighTower Advisors LLC grew its holdings in First Trust Preferred Securities and Income ETF by 5.0% in the third quarter. HighTower Advisors LLC now owns 2,750,301 shares of the company’s stock valued at $49,777,000 after purchasing an additional 131,536 shares during the period. Stifel Financial Corp increased its position in First Trust Preferred Securities and Income ETF by 19.9% during the third quarter. Stifel Financial Corp now owns 2,056,722 shares of the company’s stock worth $37,227,000 after purchasing an additional 341,396 shares during the last quarter. SRS Capital Advisors Inc. raised its stake in First Trust Preferred Securities and Income ETF by 25.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,928,594 shares of the company’s stock worth $34,136,000 after purchasing an additional 396,606 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of First Trust Preferred Securities and Income ETF by 1.2% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 1,840,066 shares of the company’s stock valued at $33,290,000 after purchasing an additional 21,624 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

FPE stock opened at $17.85 on Tuesday. The business has a fifty day simple moving average of $17.76 and a 200-day simple moving average of $17.89. 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.