First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Intercontinental Wealth Advisors LLC

Intercontinental Wealth Advisors LLC lessened its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 42.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,357 shares of the company’s stock after selling 5,500 shares during the quarter. Intercontinental Wealth Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $143,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Resources Investment Advisors Inc. purchased a new position in shares of First Trust Preferred Securities and Income ETF during the 1st quarter worth $25,000. Financial Management Professionals Inc. purchased a new position in shares of First Trust Preferred Securities and Income ETF during the 2nd quarter worth $43,000. Cullen Frost Bankers Inc. purchased a new position in shares of First Trust Preferred Securities and Income ETF during the 1st quarter worth $45,000. Princeton Global Asset Management LLC purchased a new position in shares of First Trust Preferred Securities and Income ETF during the 1st quarter worth $51,000. Finally, Deutsche Bank AG purchased a new position in shares of First Trust Preferred Securities and Income ETF during the 4th quarter worth $78,000.

FPE traded down $0.04 on Friday, hitting $19.51. The company had a trading volume of 12,188 shares, compared to its average volume of 1,075,347. First Trust Preferred Securities and Income ETF has a 1 year low of $17.76 and a 1 year high of $19.65. The company’s fifty day moving average price is $19.54 and its 200 day moving average price is $19.20.



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Institutional Ownership by Quarter for First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

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