First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Certified Advisory Corp

Certified Advisory Corp reduced its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 7.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 12,111 shares of the company’s stock after selling 948 shares during the quarter. Certified Advisory Corp’s holdings in First Trust Preferred Securities and Income ETF were worth $214,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ameliora Wealth Management Ltd. boosted its position in First Trust Preferred Securities and Income ETF by 93.1% during the third quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock worth $26,000 after acquiring an additional 690 shares during the last quarter. Mattson Financial Services LLC acquired a new stake in shares of First Trust Preferred Securities and Income ETF during the second quarter worth $46,000. ORG Partners LLC boosted its holdings in shares of First Trust Preferred Securities and Income ETF by 1,655.6% during the fourth quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock worth $47,000 after purchasing an additional 2,500 shares during the last quarter. FSC Wealth Advisors LLC increased its stake in First Trust Preferred Securities and Income ETF by 75.9% in the third quarter. FSC Wealth Advisors LLC now owns 3,820 shares of the company’s stock valued at $69,000 after purchasing an additional 1,648 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in First Trust Preferred Securities and Income ETF by 435.3% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,849 shares of the company’s stock worth $68,000 after buying an additional 3,130 shares during the period.

First Trust Preferred Securities and Income ETF Stock Performance

FPE opened at $17.76 on Friday. First Trust Preferred Securities and Income ETF has a 12 month low of $16.82 and a 12 month high of $18.23. The business has a 50-day moving average of $17.82 and a two-hundred day moving average of $17.83.

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.