First Trust Preferred Securities and Income ETF $FPE Stock: Integrity Alliance LLC. Increases Stake

Integrity Alliance LLC. boosted its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 77.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 141,983 shares of the company’s stock after acquiring an additional 61,782 shares during the period. Integrity Alliance LLC.’s holdings in First Trust Preferred Securities and Income ETF were worth $2,421,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Timbuktu Capital Management LLC purchased a new stake in First Trust Preferred Securities and Income ETF in the second quarter worth about $27,000. Ascentis Independent Advisors purchased a new position in shares of First Trust Preferred Securities and Income ETF during the 1st quarter worth approximately $29,000. Allied Private Wealth LLC purchased a new position in shares of First Trust Preferred Securities and Income ETF during the 2nd quarter worth approximately $30,000. Versant Capital Management Inc bought a new position in shares of First Trust Preferred Securities and Income ETF in the 3rd quarter worth approximately $45,000. Finally, Whittier Trust Co. of Nevada Inc. bought a new position in shares of First Trust Preferred Securities and Income ETF in the 1st quarter worth approximately $61,000.

First Trust Preferred Securities and Income ETF Trading Up 0.9%

FPE opened at $17.14 on Thursday. The stock has a fifty day simple moving average of $17.25 and a two-hundred day simple moving average of $17.83. First Trust Preferred Securities and Income ETF has a 12-month low of $16.87 and a 12-month high of $18.48.

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