Creekside Partners Reduces Position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Creekside Partners decreased its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 6.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,004 shares of the company’s stock after selling 1,364 shares during the period. Creekside Partners’ holdings in First Trust Preferred Securities and Income ETF were worth $344,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. LPL Financial LLC increased its position in First Trust Preferred Securities and Income ETF by 3.5% during the second quarter. LPL Financial LLC now owns 10,841,607 shares of the company’s stock worth $188,210,000 after buying an additional 362,026 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its position in First Trust Preferred Securities and Income ETF by 2.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 5,552,458 shares of the company’s stock worth $96,391,000 after buying an additional 157,982 shares in the last quarter. Kestra Advisory Services LLC increased its position in First Trust Preferred Securities and Income ETF by 4.9% during the first quarter. Kestra Advisory Services LLC now owns 2,134,429 shares of the company’s stock worth $36,968,000 after buying an additional 100,431 shares in the last quarter. Prospera Financial Services Inc grew its position in shares of First Trust Preferred Securities and Income ETF by 15.7% in the third quarter. Prospera Financial Services Inc now owns 1,622,012 shares of the company’s stock valued at $29,362,000 after purchasing an additional 220,692 shares during the period. Finally, International Assets Investment Management LLC grew its position in shares of First Trust Preferred Securities and Income ETF by 1,642.3% in the third quarter. International Assets Investment Management LLC now owns 1,544,370 shares of the company’s stock valued at $279,530,000 after purchasing an additional 1,455,731 shares during the period.

First Trust Preferred Securities and Income ETF Stock Down 0.1 %

Shares of NYSEARCA:FPE opened at $17.89 on Thursday. First Trust Preferred Securities and Income ETF has a 52 week low of $16.09 and a 52 week high of $18.23. The business has a fifty day simple moving average of $18.06 and a 200-day simple moving average of $17.69.

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.