Balanced Rock Investment Advisors LLC Acquires 4,801 Shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI)

Balanced Rock Investment Advisors LLC increased its stake in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 35.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,275 shares of the company’s stock after purchasing an additional 4,801 shares during the period. Balanced Rock Investment Advisors LLC’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $342,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in FPEI. Gladstone Institutional Advisory LLC boosted its stake in shares of First Trust Institutional Preferred Securities and Income ETF by 1.1% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 53,835 shares of the company’s stock valued at $1,007,000 after purchasing an additional 575 shares during the period. Twin Peaks Wealth Advisors LLC increased its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 1.1% in the 4th quarter. Twin Peaks Wealth Advisors LLC now owns 53,928 shares of the company’s stock worth $1,008,000 after purchasing an additional 611 shares in the last quarter. Stratos Wealth Partners LTD. raised its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 1.2% during the fourth quarter. Stratos Wealth Partners LTD. now owns 56,821 shares of the company’s stock valued at $1,063,000 after purchasing an additional 656 shares during the last quarter. Greatmark Investment Partners Inc. increased its position in First Trust Institutional Preferred Securities and Income ETF by 6.5% during the fourth quarter. Greatmark Investment Partners Inc. now owns 14,275 shares of the company’s stock valued at $267,000 after acquiring an additional 875 shares during the last quarter. Finally, Sutton Place Investors LLC lifted its stake in shares of First Trust Institutional Preferred Securities and Income ETF by 0.9% in the 4th quarter. Sutton Place Investors LLC now owns 115,978 shares of the company’s stock worth $2,169,000 after purchasing an additional 983 shares during the period.

First Trust Institutional Preferred Securities and Income ETF Trading Up 0.4 %

FPEI opened at $18.25 on Friday. First Trust Institutional Preferred Securities and Income ETF has a 1-year low of $17.81 and a 1-year high of $19.11. The firm’s 50 day simple moving average is $18.62 and its two-hundred day simple moving average is $18.74.

First Trust Institutional Preferred Securities and Income ETF Profile

The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities.