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

Concurrent Investment Advisors LLC lifted its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPEFree Report) by 3.7% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 440,652 shares of the company’s stock after purchasing an additional 15,814 shares during the period. Concurrent Investment Advisors LLC owned approximately 0.14% of First Trust Preferred Securities and Income ETF worth $7,976,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Maia Wealth LLC acquired a new stake in First Trust Preferred Securities and Income ETF in the third quarter valued at approximately $740,000. Avidian Wealth Enterprises LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 0.8% during the third quarter. Avidian Wealth Enterprises LLC now owns 680,655 shares of the company’s stock worth $12,320,000 after purchasing an additional 5,214 shares during the period. United Advisor Group LLC lifted its stake in shares of First Trust Preferred Securities and Income ETF by 21.6% in the 3rd quarter. United Advisor Group LLC now owns 138,615 shares of the company’s stock worth $2,509,000 after acquiring an additional 24,611 shares during the period. TrueWealth Advisors LLC increased its stake in shares of First Trust Preferred Securities and Income ETF by 8.9% during the third quarter. TrueWealth Advisors LLC now owns 48,678 shares of the company’s stock worth $881,000 after acquiring an additional 3,977 shares during the period. Finally, Glassy Mountain Advisors Inc. boosted its holdings in First Trust Preferred Securities and Income ETF by 3.1% in the 3rd quarter. Glassy Mountain Advisors Inc. now owns 353,778 shares of the company’s stock valued at $6,403,000 after purchasing an additional 10,617 shares in the last quarter.

First Trust Preferred Securities and Income ETF Trading Down 0.4 %

Shares of First Trust Preferred Securities and Income ETF stock traded down $0.08 during trading on Wednesday, hitting $17.93. 253,635 shares of the company were exchanged, compared to its average volume of 1,224,658. The firm has a 50 day moving average price of $18.03 and a 200 day moving average price of $17.63. First Trust Preferred Securities and Income ETF has a fifty-two week low of $15.92 and a fifty-two week high of $18.23.

First Trust Preferred Securities and Income ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

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