First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Holdings Raised by Citigroup Inc.

Citigroup Inc. increased its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 15.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 677,037 shares of the company’s stock after purchasing an additional 90,800 shares during the quarter. Citigroup Inc. owned approximately 0.22% of First Trust Preferred Securities and Income ETF worth $12,254,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Farther Finance Advisors LLC increased its position in shares of First Trust Preferred Securities and Income ETF by 5.8% in the third quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock worth $184,000 after acquiring an additional 559 shares in the last quarter. Aspen Wealth Strategies LLC grew its position in First Trust Preferred Securities and Income ETF by 1.2% during the 3rd quarter. Aspen Wealth Strategies LLC now owns 50,959 shares of the company’s stock worth $922,000 after purchasing an additional 593 shares in the last quarter. Ameliora Wealth Management Ltd. lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 93.1% in the third quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after purchasing an additional 690 shares in the last quarter. Patten Group Inc. boosted its position in shares of First Trust Preferred Securities and Income ETF by 1.2% in the second quarter. Patten Group Inc. now owns 78,132 shares of the company’s stock worth $1,356,000 after buying an additional 961 shares during the period. Finally, TRUE Private Wealth Advisors grew its holdings in shares of First Trust Preferred Securities and Income ETF by 5.5% during the second quarter. TRUE Private Wealth Advisors now owns 18,936 shares of the company’s stock valued at $329,000 after buying an additional 983 shares in the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

Shares of First Trust Preferred Securities and Income ETF stock opened at $17.87 on Friday. First Trust Preferred Securities and Income ETF has a 1 year low of $16.16 and a 1 year high of $18.23. The stock has a 50-day moving average price of $18.04 and a 200 day moving average price of $17.72.

About First Trust Preferred Securities and Income ETF

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.