First Trust Preferred Securities and Income ETF $FPE Stock Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC lifted its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 1.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,466,108 shares of the company’s stock after buying an additional 44,777 shares during the period. Kestra Advisory Services LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $42,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. TI Trust Inc. grew its position in First Trust Preferred Securities and Income ETF by 1.8% in the third quarter. TI Trust Inc. now owns 33,914 shares of the company’s stock worth $578,000 after acquiring an additional 595 shares during the period. Milestones Private Investment Advisors LLC raised its position in First Trust Preferred Securities and Income ETF by 0.4% in the third quarter. Milestones Private Investment Advisors LLC now owns 147,334 shares of the company’s stock valued at $2,512,000 after purchasing an additional 650 shares during the period. Blue Zone Wealth Advisors LLC raised its position in First Trust Preferred Securities and Income ETF by 5.7% in the third quarter. Blue Zone Wealth Advisors LLC now owns 12,323 shares of the company’s stock valued at $210,000 after purchasing an additional 661 shares during the period. Certified Advisory Corp raised its position in First Trust Preferred Securities and Income ETF by 2.5% in the third quarter. Certified Advisory Corp now owns 31,439 shares of the company’s stock valued at $536,000 after purchasing an additional 752 shares during the period. Finally, Paller Financial Services Inc lifted its stake in shares of First Trust Preferred Securities and Income ETF by 1.4% in the 3rd quarter. Paller Financial Services Inc now owns 56,735 shares of the company’s stock valued at $967,000 after purchasing an additional 765 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of First Trust Preferred Securities and Income ETF stock traded up $0.07 during trading hours on Friday, hitting $17.09. The company’s stock had a trading volume of 2,086,722 shares, compared to its average volume of 1,435,922. First Trust Preferred Securities and Income ETF has a twelve month low of $16.87 and a twelve month high of $18.48. The firm has a fifty day moving average of $17.22 and a 200-day moving average of $17.82.

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.