First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Private Trust Co. NA

Private Trust Co. NA decreased its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 16.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 78,181 shares of the company’s stock after selling 15,744 shares during the quarter. Private Trust Co. NA’s holdings in First Trust Preferred Securities and Income ETF were worth $1,384,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Bank of New York Mellon Corp acquired a new stake in shares of First Trust Preferred Securities and Income ETF during the fourth quarter worth $527,000. Prasad Wealth Partners LLC acquired a new position in First Trust Preferred Securities and Income ETF in the fourth quarter valued at $7,360,000. IFP Advisors Inc boosted its holdings in First Trust Preferred Securities and Income ETF by 16.0% in the fourth quarter. IFP Advisors Inc now owns 164,450 shares of the company’s stock valued at $2,911,000 after acquiring an additional 22,648 shares during the last quarter. Partners Wealth Management LLC acquired a new position in First Trust Preferred Securities and Income ETF in the fourth quarter valued at $200,000. Finally, Sigma Planning Corp boosted its holdings in First Trust Preferred Securities and Income ETF by 4.4% in the fourth quarter. Sigma Planning Corp now owns 376,037 shares of the company’s stock valued at $6,656,000 after acquiring an additional 15,851 shares during the last quarter.

First Trust Preferred Securities and Income ETF Trading Up 0.2 %

Shares of First Trust Preferred Securities and Income ETF stock opened at $17.85 on Friday. First Trust Preferred Securities and Income ETF has a twelve month low of $16.95 and a twelve month high of $18.23. The business’s fifty day moving average price is $17.75 and its 200 day moving average price is $17.88.

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.