First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by OMNI 360 Wealth Inc.

OMNI 360 Wealth Inc. reduced its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 8.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,639 shares of the company’s stock after selling 2,362 shares during the quarter. OMNI 360 Wealth Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $427,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Indiana Trust & Investment Management CO acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the first quarter valued at approximately $44,000. Creekmur Asset Management LLC acquired a new stake in shares of First Trust Preferred Securities and Income ETF during the fourth quarter worth $116,000. Woodmont Investment Counsel LLC acquired a new stake in shares of First Trust Preferred Securities and Income ETF during the first quarter worth $174,000. Hilltop Holdings Inc. lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 9.0% during the fourth quarter. Hilltop Holdings Inc. now owns 10,896 shares of the company’s stock worth $184,000 after purchasing an additional 896 shares during the period. Finally, Centaurus Financial Inc. lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 8.4% during the fourth quarter. Centaurus Financial Inc. now owns 10,936 shares of the company’s stock worth $184,000 after purchasing an additional 848 shares during the period.

First Trust Preferred Securities and Income ETF Price Performance

Shares of NYSEARCA FPE traded up $0.08 during mid-day trading on Wednesday, hitting $17.48. 599,631 shares of the company were exchanged, compared to its average volume of 1,310,440. The stock has a 50 day simple moving average of $17.30 and a 200-day simple moving average of $17.16. First Trust Preferred Securities and Income ETF has a 1-year low of $15.46 and a 1-year high of $17.49.

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.