SteelPeak Wealth LLC Boosts Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

SteelPeak Wealth LLC boosted its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 7.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 60,987 shares of the company’s stock after buying an additional 4,149 shares during the quarter. SteelPeak Wealth LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,104,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of FPE. Opal Wealth Advisors LLC purchased a new position in First Trust Preferred Securities and Income ETF during the second quarter worth $26,000. Ameliora Wealth Management Ltd. boosted its stake 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 buying an additional 690 shares during the period. FSC Wealth Advisors LLC boosted its stake in First Trust Preferred Securities and Income ETF by 85.3% during the second quarter. FSC Wealth Advisors LLC now owns 2,172 shares of the company’s stock worth $38,000 after buying an additional 1,000 shares during the period. Larson Financial Group LLC boosted its stake in First Trust Preferred Securities and Income ETF by 117.1% during the second quarter. Larson Financial Group LLC now owns 2,672 shares of the company’s stock worth $46,000 after buying an additional 1,441 shares during the period. Finally, Mattson Financial Services LLC purchased a new position in First Trust Preferred Securities and Income ETF during the second quarter worth $46,000.

First Trust Preferred Securities and Income ETF Stock Down 0.1 %

NYSEARCA FPE opened at $17.92 on Thursday. The company has a fifty day moving average of $18.01 and a two-hundred day moving average of $17.60. First Trust Preferred Securities and Income ETF has a 52 week low of $15.51 and a 52 week high of $18.23.

First Trust Preferred Securities and Income ETF Company 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.