New Millennium Group LLC Makes New $2.68 Million Investment in Fidelity Preferred Securities & Income ETF (BATS:FPFD)

New Millennium Group LLC bought a new position in shares of Fidelity Preferred Securities & Income ETF (BATS:FPFD) in the third quarter, Holdings Channel reports. The fund bought 119,950 shares of the company’s stock, valued at approximately $2,675,000. Fidelity Preferred Securities & Income ETF makes up approximately 1.7% of New Millennium Group LLC’s portfolio, making the stock its 17th largest holding. New Millennium Group LLC owned approximately 0.07% of Fidelity Preferred Securities & Income ETF as of its most recent filing with the Securities & Exchange Commission.

Separately, Prairie Wealth Advisors Inc. lifted its stake in Fidelity Preferred Securities & Income ETF by 24.0% in the second quarter. Prairie Wealth Advisors Inc. now owns 12,125 shares of the company’s stock valued at $262,000 after buying an additional 2,350 shares during the period.

Fidelity Preferred Securities & Income ETF Trading Down 0.1 %

Shares of BATS:FPFD opened at $21.95 on Tuesday. The stock’s fifty day moving average price is $22.21 and its 200 day moving average price is $21.83.

About Fidelity Preferred Securities & Income ETF

The Fidelity Preferred Securities & Income ETF (FPFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in preferred and other income producing securities rated at least BB, issued by domestic and foreign issuers, with no specific target maturity. FPFD was launched on Jun 15, 2021 and is managed by Fidelity.