Kestra Advisory Services LLC Purchases 108,076 Shares of First Trust Preferred Securities and Income ETF $FPE

Kestra Advisory Services LLC increased its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 4.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 2,425,646 shares of the company’s stock after acquiring an additional 108,076 shares during the quarter. Kestra Advisory Services LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $43,055,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Jane Street Group LLC increased its position in First Trust Preferred Securities and Income ETF by 53.0% in the 1st quarter. Jane Street Group LLC now owns 262,995 shares of the company’s stock valued at $4,626,000 after acquiring an additional 91,118 shares during the period. First Trust Advisors LP lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 0.9% during the second quarter. First Trust Advisors LP now owns 163,544 shares of the company’s stock worth $2,911,000 after purchasing an additional 1,496 shares during the period. Qube Research & Technologies Ltd acquired a new position in shares of First Trust Preferred Securities and Income ETF during the second quarter worth $249,000. NewEdge Advisors LLC grew its stake in shares of First Trust Preferred Securities and Income ETF by 2.5% in the second quarter. NewEdge Advisors LLC now owns 371,865 shares of the company’s stock worth $6,619,000 after purchasing an additional 9,236 shares during the last quarter. Finally, Quantinno Capital Management LP bought a new stake in shares of First Trust Preferred Securities and Income ETF in the second quarter worth $263,000.

First Trust Preferred Securities and Income ETF Stock Performance

NYSEARCA FPE opened at $17.94 on Friday. First Trust Preferred Securities and Income ETF has a twelve month low of $17.54 and a twelve month high of $18.51. The stock has a fifty day simple moving average of $17.99 and a 200 day simple moving average of $18.11.

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