First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Holdings Raised by PCG Wealth Advisors LLC

PCG Wealth Advisors LLC increased its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 179.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 65,440 shares of the company’s stock after acquiring an additional 42,063 shares during the quarter. PCG Wealth Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,158,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. LPL Financial LLC grew its holdings in First Trust Preferred Securities and Income ETF by 9.5% during the third quarter. LPL Financial LLC now owns 11,876,712 shares of the company’s stock worth $214,968,000 after acquiring an additional 1,035,105 shares during the period. HighTower Advisors LLC grew its holdings in First Trust Preferred Securities and Income ETF by 5.0% during the third quarter. HighTower Advisors LLC now owns 2,750,301 shares of the company’s stock worth $49,777,000 after acquiring an additional 131,536 shares during the period. Stifel Financial Corp grew its holdings in First Trust Preferred Securities and Income ETF by 19.9% during the third quarter. Stifel Financial Corp now owns 2,056,722 shares of the company’s stock worth $37,227,000 after acquiring an additional 341,396 shares during the period. Rockefeller Capital Management L.P. grew its holdings in First Trust Preferred Securities and Income ETF by 1.2% during the third quarter. Rockefeller Capital Management L.P. now owns 1,840,066 shares of the company’s stock worth $33,290,000 after acquiring an additional 21,624 shares during the period. Finally, Prospera Financial Services Inc grew its holdings in First Trust Preferred Securities and Income ETF by 15.7% during the third quarter. Prospera Financial Services Inc now owns 1,622,012 shares of the company’s stock worth $29,362,000 after acquiring an additional 220,692 shares during the period.

First Trust Preferred Securities and Income ETF Stock Down 0.1 %

NYSEARCA:FPE opened at $17.72 on Friday. The business’s 50-day moving average price is $17.80 and its 200 day moving average price is $17.84. First Trust Preferred Securities and Income ETF has a 52-week low of $16.95 and a 52-week high of $18.23.

About First Trust Preferred Securities and Income ETF

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.