Sigma Planning Corp Acquires 34,789 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Sigma Planning Corp grew its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 10.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 360,186 shares of the company’s stock after buying an additional 34,789 shares during the period. Sigma Planning Corp owned approximately 0.12% of First Trust Preferred Securities and Income ETF worth $6,519,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Opal Wealth Advisors LLC bought a new stake in First Trust Preferred Securities and Income ETF in the 2nd quarter valued at about $26,000. Ameliora Wealth Management Ltd. increased its holdings in shares of First Trust Preferred Securities and Income ETF by 93.1% during the third quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after acquiring an additional 690 shares in the last quarter. FSC Wealth Advisors LLC raised its position in shares of First Trust Preferred Securities and Income ETF by 85.3% during the second quarter. FSC Wealth Advisors LLC now owns 2,172 shares of the company’s stock worth $38,000 after purchasing an additional 1,000 shares during the period. Larson Financial Group LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 117.1% in the 2nd quarter. Larson Financial Group LLC now owns 2,672 shares of the company’s stock worth $46,000 after purchasing an additional 1,441 shares in the last quarter. Finally, Mattson Financial Services LLC acquired a new stake in First Trust Preferred Securities and Income ETF in the 2nd quarter valued at $46,000.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of FPE stock opened at $18.10 on Friday. First Trust Preferred Securities and Income ETF has a 12 month low of $15.92 and a 12 month high of $18.23. The firm has a fifty day simple moving average of $18.04 and a two-hundred day simple moving average of $17.65.

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.