Country Trust Bank Acquires 22,621 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Country Trust Bank lifted its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 1.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,400,300 shares of the company’s stock after acquiring an additional 22,621 shares during the period. Country Trust Bank owned approximately 0.46% of First Trust Preferred Securities and Income ETF worth $24,785,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of FPE. Oak Harvest Investment Services grew its position in First Trust Preferred Securities and Income ETF by 7.1% in the 4th quarter. Oak Harvest Investment Services now owns 14,274 shares of the company’s stock worth $253,000 after purchasing an additional 949 shares during the last quarter. American Institute for Advanced Investment Management LLP lifted its stake in shares of First Trust Preferred Securities and Income ETF by 55.8% in the fourth quarter. American Institute for Advanced Investment Management LLP now owns 24,025 shares of the company’s stock valued at $425,000 after buying an additional 8,600 shares during the period. Gries Financial LLC acquired a new stake in First Trust Preferred Securities and Income ETF during the fourth quarter worth about $548,000. Strategic Blueprint LLC grew its position in First Trust Preferred Securities and Income ETF by 44.9% during the fourth quarter. Strategic Blueprint LLC now owns 70,665 shares of the company’s stock worth $1,251,000 after buying an additional 21,899 shares in the last quarter. Finally, Twelve Points Wealth Management LLC increased its stake in First Trust Preferred Securities and Income ETF by 11.6% during the fourth quarter. Twelve Points Wealth Management LLC now owns 450,580 shares of the company’s stock valued at $7,975,000 after acquiring an additional 46,973 shares during the period.

First Trust Preferred Securities and Income ETF Stock Up 0.2 %

First Trust Preferred Securities and Income ETF stock opened at $17.77 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 business has a 50 day moving average price of $17.79 and a two-hundred 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.