Realta Investment Advisors Invests $310,000 in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Realta Investment Advisors acquired a new stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 17,394 shares of the company’s stock, valued at approximately $310,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameliora Wealth Management Ltd. boosted its holdings in shares of First Trust Preferred Securities and Income ETF by 93.1% in the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after buying an additional 690 shares during the period. Raleigh Capital Management Inc. boosted its stake in First Trust Preferred Securities and Income ETF by 96.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,681 shares of the company’s stock valued at $30,000 after acquiring an additional 826 shares during the period. ORG Partners LLC boosted its stake in First Trust Preferred Securities and Income ETF by 1,655.6% in the fourth quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock valued at $47,000 after acquiring an additional 2,500 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of First Trust Preferred Securities and Income ETF by 435.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,849 shares of the company’s stock worth $68,000 after purchasing an additional 3,130 shares during the period. Finally, FSC Wealth Advisors LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 75.9% in the 3rd quarter. FSC Wealth Advisors LLC now owns 3,820 shares of the company’s stock worth $69,000 after purchasing an additional 1,648 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of FPE opened at $17.80 on Friday. First Trust Preferred Securities and Income ETF has a 12 month low of $16.95 and a 12 month high of $18.23. The stock has a fifty day moving average price of $17.78 and a 200 day moving average price of $17.85.

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.