First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Purchased by Lion Street Advisors LLC

Lion Street Advisors LLC raised its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 12.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 64,732 shares of the company’s stock after buying an additional 7,007 shares during the period. Lion Street Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,146,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Farther Finance Advisors LLC increased its position in shares of First Trust Preferred Securities and Income ETF by 5.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock worth $184,000 after purchasing an additional 559 shares during the last quarter. Independent Wealth Network Inc. raised its stake in First Trust Preferred Securities and Income ETF by 0.5% during the fourth quarter. Independent Wealth Network Inc. now owns 108,525 shares of the company’s stock valued at $1,921,000 after buying an additional 567 shares in the last quarter. Aspen Wealth Strategies LLC raised its stake in First Trust Preferred Securities and Income ETF by 1.2% during the third quarter. Aspen Wealth Strategies LLC now owns 50,959 shares of the company’s stock valued at $922,000 after buying an additional 593 shares in the last quarter. Ameliora Wealth Management Ltd. grew its position 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 worth $26,000 after acquiring an additional 690 shares in the last quarter. Finally, Raleigh Capital Management Inc. increased its holdings in shares of First Trust Preferred Securities and Income ETF by 96.6% in the 4th 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 last quarter.

First Trust Preferred Securities and Income ETF Stock Up 0.2 %

First Trust Preferred Securities and Income ETF stock opened at $17.76 on Wednesday. First Trust Preferred Securities and Income ETF has a 12 month low of $16.95 and a 12 month high of $18.23. The company has a fifty day moving average price of $17.78 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.