Private Client Services LLC Acquires 4,719 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Private Client Services LLC boosted its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 180,764 shares of the company’s stock after buying an additional 4,719 shares during the quarter. First Trust Preferred Securities and Income ETF makes up approximately 1.7% of Private Client Services LLC’s portfolio, making the stock its 12th largest holding. Private Client Services LLC owned about 0.06% of First Trust Preferred Securities and Income ETF worth $3,200,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its stake in shares of First Trust Preferred Securities and Income ETF by 29.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 989,613 shares of the company’s stock worth $17,912,000 after purchasing an additional 224,647 shares during the last quarter. Synovus Financial Corp increased its position in First Trust Preferred Securities and Income ETF by 9.1% in the third quarter. Synovus Financial Corp now owns 86,405 shares of the company’s stock worth $1,564,000 after buying an additional 7,218 shares during the last quarter. Pine Valley Investments Ltd Liability Co bought a new stake in shares of First Trust Preferred Securities and Income ETF in the third quarter valued at $1,261,000. Tudor Financial Inc. purchased a new position in shares of First Trust Preferred Securities and Income ETF during the 3rd quarter valued at $407,000. Finally, Soltis Investment Advisors LLC grew its stake in shares of First Trust Preferred Securities and Income ETF by 9.0% during the 3rd quarter. Soltis Investment Advisors LLC now owns 33,558 shares of the company’s stock worth $607,000 after acquiring an additional 2,761 shares during the period.

First Trust Preferred Securities and Income ETF Trading Down 0.1 %

First Trust Preferred Securities and Income ETF stock traded down $0.01 during midday trading on Wednesday, reaching $17.67. The stock had a trading volume of 1,157,962 shares, compared to its average volume of 1,442,354. First Trust Preferred Securities and Income ETF has a 12 month low of $16.78 and a 12 month high of $18.23. The firm’s 50-day moving average price is $17.87 and its 200 day moving average price is $17.82.

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.