Chicago Partners Investment Group LLC Has $6.79 Million Stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Chicago Partners Investment Group LLC lifted its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 378,012 shares of the company’s stock after purchasing an additional 11,158 shares during the period. Chicago Partners Investment Group LLC owned 0.12% of First Trust Preferred Securities and Income ETF worth $6,793,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC raised its holdings in First Trust Preferred Securities and Income ETF by 1,642.3% in the 3rd quarter. International Assets Investment Management LLC now owns 1,544,370 shares of the company’s stock valued at $279,530,000 after acquiring an additional 1,455,731 shares in the last quarter. Cetera Investment Advisers lifted its position in First Trust Preferred Securities and Income ETF by 194.9% during the first quarter. Cetera Investment Advisers now owns 1,141,966 shares of the company’s stock worth $19,779,000 after purchasing an additional 754,718 shares during the period. Waverly Advisors LLC acquired a new stake in First Trust Preferred Securities and Income ETF during the first quarter worth about $11,610,000. Ameritas Investment Partners Inc. increased its holdings in First Trust Preferred Securities and Income ETF by 1,275.1% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 410,145 shares of the company’s stock valued at $7,120,000 after buying an additional 380,318 shares during the period. Finally, LPL Financial LLC raised its position in shares of First Trust Preferred Securities and Income ETF by 3.5% in the 2nd quarter. LPL Financial LLC now owns 10,841,607 shares of the company’s stock valued at $188,210,000 after buying an additional 362,026 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Down 0.1 %

Shares of First Trust Preferred Securities and Income ETF stock opened at $17.87 on Friday. The company has a 50 day moving average of $18.02 and a 200-day moving average of $17.61. First Trust Preferred Securities and Income ETF has a 1-year low of $15.77 and a 1-year high of $18.23.

About First Trust Preferred Securities and Income ETF

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.