KMG Fiduciary Partners LLC grew its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 12.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 225,796 shares of the company’s stock after acquiring an additional 25,867 shares during the quarter. First Trust Preferred Securities and Income ETF comprises about 1.0% of KMG Fiduciary Partners LLC’s portfolio, making the stock its 28th biggest position. KMG Fiduciary Partners LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $4,570,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Arkadios Wealth Advisors bought a new position in shares of First Trust Preferred Securities and Income ETF in the 3rd quarter worth $27,000. Nachman Norwood & Parrott Inc bought a new position in shares of First Trust Preferred Securities and Income ETF during the 3rd quarter worth approximately $28,000. Captrust Financial Advisors bought a new position in shares of First Trust Preferred Securities and Income ETF during the 2nd quarter worth approximately $49,000. Biltmore Capital Advisors LLC purchased a new stake in First Trust Preferred Securities and Income ETF during the third quarter valued at approximately $70,000. Finally, Glenmede Trust Co. NA boosted its stake in First Trust Preferred Securities and Income ETF by 746.4% in the second quarter. Glenmede Trust Co. NA now owns 6,297 shares of the company’s stock valued at $115,000 after acquiring an additional 5,553 shares in the last quarter.

Shares of FPE stock traded up $0.12 during trading hours on Wednesday, reaching $20.21. 98,720 shares of the company’s stock were exchanged, compared to its average volume of 1,955,749. First Trust Preferred Securities and Income ETF has a fifty-two week low of $10.40 and a fifty-two week high of $20.50. The stock’s 50 day moving average is $20.15 and its 200-day moving average is $19.44.

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Institutional Ownership by Quarter for First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

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