Janney Montgomery Scott LLC Has $29.54 Million Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Janney Montgomery Scott LLC lessened its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 2.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,631,819 shares of the company’s stock after selling 38,200 shares during the period. Janney Montgomery Scott LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $29,536,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in FPE. Opal Wealth Advisors LLC purchased a new stake in First Trust Preferred Securities and Income ETF in the 2nd quarter valued at about $26,000. Ameliora Wealth Management Ltd. increased its stake in First Trust Preferred Securities and Income ETF by 93.1% in the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after buying an additional 690 shares during the last quarter. FSC Wealth Advisors LLC increased its stake in First Trust Preferred Securities and Income ETF by 85.3% in the 2nd quarter. FSC Wealth Advisors LLC now owns 2,172 shares of the company’s stock valued at $38,000 after buying an additional 1,000 shares during the last quarter. Larson Financial Group LLC increased its stake in First Trust Preferred Securities and Income ETF by 117.1% in the 2nd quarter. Larson Financial Group LLC now owns 2,672 shares of the company’s stock valued at $46,000 after buying an additional 1,441 shares during the last quarter. Finally, Mattson Financial Services LLC purchased a new stake in First Trust Preferred Securities and Income ETF in the 2nd quarter valued at about $46,000.

First Trust Preferred Securities and Income ETF Trading Up 0.6 %

NYSEARCA:FPE opened at $17.98 on Tuesday. First Trust Preferred Securities and Income ETF has a 52 week low of $15.92 and a 52 week high of $18.23. The firm has a 50-day moving average price of $18.03 and a two-hundred day moving average price of $17.62.

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.