First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by OMNI 360 Wealth Inc.

OMNI 360 Wealth Inc. lessened its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 8.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,639 shares of the company’s stock after selling 2,362 shares during the quarter. OMNI 360 Wealth Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $427,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of FPE. Indiana Trust & Investment Management CO acquired a new stake in shares of First Trust Preferred Securities and Income ETF during the 1st quarter worth approximately $44,000. Creekmur Asset Management LLC acquired a new stake in shares of First Trust Preferred Securities and Income ETF during the 4th quarter worth approximately $116,000. Woodmont Investment Counsel LLC purchased a new position in shares of First Trust Preferred Securities and Income ETF during the 1st quarter valued at approximately $174,000. Hilltop Holdings Inc. increased its holdings in First Trust Preferred Securities and Income ETF by 9.0% in the 4th quarter. Hilltop Holdings Inc. now owns 10,896 shares of the company’s stock worth $184,000 after acquiring an additional 896 shares in the last quarter. Finally, Centaurus Financial Inc. increased its holdings in First Trust Preferred Securities and Income ETF by 8.4% in the 4th quarter. Centaurus Financial Inc. now owns 10,936 shares of the company’s stock worth $184,000 after acquiring an additional 848 shares in the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

NYSEARCA FPE traded up $0.08 on Wednesday, hitting $17.48. The company had a trading volume of 599,631 shares, compared to its average volume of 1,310,440. The company’s fifty day moving average price is $17.30 and its 200-day moving average price is $17.16. First Trust Preferred Securities and Income ETF has a 12-month low of $15.46 and a 12-month high of $17.49.

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.