Choice Wealth Advisors LLC Has $412,000 Stock Position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Choice Wealth Advisors LLC cut its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 92.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,250 shares of the company’s stock after selling 277,835 shares during the period. First Trust Preferred Securities and Income ETF accounts for about 0.2% of Choice Wealth Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding. Choice Wealth Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $412,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. 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. Mattson Financial Services LLC acquired a new stake in shares of First Trust Preferred Securities and Income ETF during the second quarter worth $46,000. ORG Partners LLC boosted its holdings in First Trust Preferred Securities and Income ETF by 1,655.6% in the 4th quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock valued at $47,000 after purchasing an additional 2,500 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of First Trust Preferred Securities and Income ETF by 435.3% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,849 shares of the company’s stock valued at $68,000 after buying an additional 3,130 shares during the period. Finally, FSC Wealth Advisors LLC grew its position in First Trust Preferred Securities and Income ETF by 75.9% during the third quarter. FSC Wealth Advisors LLC now owns 3,820 shares of the company’s stock worth $69,000 after buying an additional 1,648 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Up 0.1 %

Shares of NYSEARCA FPE opened at $17.76 on Friday. The business has a fifty day moving average price of $17.82 and a two-hundred day moving average price of $17.83. 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.

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.