Ehrlich Financial Group Buys New Shares in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Ehrlich Financial Group purchased a new position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) during the 4th quarter, Holdings Channel.com reports. The fund purchased 10,253 shares of the company’s stock, valued at approximately $181,000.

A number of other large investors have also recently added to or reduced their stakes in FPE. Farther Finance Advisors LLC raised its holdings in shares of First Trust Preferred Securities and Income ETF by 5.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock valued at $184,000 after purchasing an additional 559 shares during the period. Aspen Wealth Strategies LLC lifted its position in shares of First Trust Preferred Securities and Income ETF by 1.2% in the third quarter. Aspen Wealth Strategies LLC now owns 50,959 shares of the company’s stock valued at $922,000 after buying an additional 593 shares during the last quarter. Ameliora Wealth Management Ltd. lifted its position in shares of First Trust Preferred Securities and Income ETF by 93.1% in the third quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after buying an additional 690 shares during the last quarter. Orion Portfolio Solutions LLC boosted its stake in shares of First Trust Preferred Securities and Income ETF by 5.3% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 16,470 shares of the company’s stock worth $298,000 after acquiring an additional 829 shares during the period. Finally, City Center Advisors LLC increased its holdings in shares of First Trust Preferred Securities and Income ETF by 8.4% during the 4th quarter. City Center Advisors LLC now owns 12,926 shares of the company’s stock worth $229,000 after acquiring an additional 1,007 shares during the last quarter.

First Trust Preferred Securities and Income ETF Trading Down 0.3 %

First Trust Preferred Securities and Income ETF stock traded down $0.06 during mid-day trading on Monday, hitting $17.53. 1,565,221 shares of the company’s stock traded hands, compared to its average volume of 1,878,903. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.82 and a fifty-two week high of $18.23. The firm has a 50 day simple moving average of $17.86 and a two-hundred day simple moving average of $17.83.

First Trust Preferred Securities and Income ETF Company 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.