Choice Wealth Advisors LLC Has $412,000 Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Choice Wealth Advisors LLC trimmed its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 92.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,250 shares of the company’s stock after selling 277,835 shares during the period. First Trust Preferred Securities and Income ETF comprises about 0.2% of Choice Wealth Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. Choice Wealth Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $412,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC raised its holdings in shares of First Trust Preferred Securities and Income ETF by 5.8% during the third quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock worth $184,000 after acquiring an additional 559 shares during the period. Aspen Wealth Strategies LLC increased its holdings in First Trust Preferred Securities and Income ETF by 1.2% during the 3rd quarter. Aspen Wealth Strategies LLC now owns 50,959 shares of the company’s stock worth $922,000 after purchasing an additional 593 shares in the last quarter. Ameliora Wealth Management Ltd. raised its stake in shares of 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 purchasing an additional 690 shares during the period. Orion Portfolio Solutions LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 5.3% in the third quarter. Orion Portfolio Solutions LLC now owns 16,470 shares of the company’s stock valued at $298,000 after purchasing an additional 829 shares in the last quarter. Finally, City Center Advisors LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 8.4% in the fourth quarter. City Center Advisors LLC now owns 12,926 shares of the company’s stock valued at $229,000 after purchasing an additional 1,007 shares in the last quarter.

First Trust Preferred Securities and Income ETF Trading Up 0.1 %

NYSEARCA:FPE opened at $17.76 on Friday. The stock has a 50-day simple moving average of $17.82 and a 200 day simple moving average of $17.83. First Trust Preferred Securities and Income ETF has a 52-week low of $16.82 and a 52-week high of $18.23.

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.