First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Purchased by Cary Street Partners Investment Advisory LLC

Cary Street Partners Investment Advisory LLC raised its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPEFree Report) by 17,464.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,347 shares of the company’s stock after purchasing an additional 26,197 shares during the quarter. Cary Street Partners Investment Advisory LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $421,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp boosted its holdings in First Trust Preferred Securities and Income ETF by 20.0% in the 1st quarter. Bank of New York Mellon Corp now owns 36,572 shares of the company’s stock worth $696,000 after acquiring an additional 6,095 shares during the period. Bank of Montreal Can boosted its stake in shares of First Trust Preferred Securities and Income ETF by 14.9% in the first quarter. Bank of Montreal Can now owns 271,002 shares of the company’s stock valued at $5,149,000 after purchasing an additional 35,120 shares during the period. Synovus Financial Corp boosted its stake in shares of First Trust Preferred Securities and Income ETF by 12.2% in the first quarter. Synovus Financial Corp now owns 86,767 shares of the company’s stock valued at $1,651,000 after purchasing an additional 9,418 shares during the period. Baird Financial Group Inc. grew its holdings in First Trust Preferred Securities and Income ETF by 9.4% during the 1st quarter. Baird Financial Group Inc. now owns 1,768,430 shares of the company’s stock valued at $33,636,000 after purchasing an additional 152,045 shares in the last quarter. Finally, Mather Group LLC. purchased a new stake in First Trust Preferred Securities and Income ETF during the 1st quarter worth $425,000.

First Trust Preferred Securities and Income ETF Price Performance

NYSEARCA:FPE opened at $16.26 on Tuesday. The firm has a 50-day moving average of $15.88 and a two-hundred day moving average of $15.96. First Trust Preferred Securities and Income ETF has a 1-year low of $15.23 and a 1-year high of $18.29.

First Trust Preferred Securities and Income ETF Profile

(Free Report)

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.

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

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