Centaurus Financial Inc. Acquires 848 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Centaurus Financial Inc. lifted its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 8.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,936 shares of the company’s stock after acquiring an additional 848 shares during the period. Centaurus Financial Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $184,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in FPE. PNC Financial Services Group Inc. lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 3.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 72,304 shares of the company’s stock valued at $1,155,000 after acquiring an additional 2,423 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in First Trust Preferred Securities and Income ETF by 16.1% in the third quarter. Envestnet Asset Management Inc. now owns 1,908,861 shares of the company’s stock worth $30,485,000 after purchasing an additional 264,096 shares during the last quarter. Stifel Financial Corp lifted its stake in First Trust Preferred Securities and Income ETF by 1.6% in the third quarter. Stifel Financial Corp now owns 2,418,800 shares of the company’s stock worth $38,628,000 after purchasing an additional 38,411 shares during the last quarter. Gallacher Capital Management LLC lifted its stake in First Trust Preferred Securities and Income ETF by 23.5% in the third quarter. Gallacher Capital Management LLC now owns 114,581 shares of the company’s stock worth $1,830,000 after purchasing an additional 21,792 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC lifted its stake in First Trust Preferred Securities and Income ETF by 26.9% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 33,437 shares of the company’s stock worth $534,000 after purchasing an additional 7,090 shares during the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

Shares of NYSEARCA FPE opened at $17.40 on Wednesday. First Trust Preferred Securities and Income ETF has a 1 year low of $15.46 and a 1 year high of $17.45. The firm has a 50-day simple moving average of $17.22 and a two-hundred day simple moving average of $17.10.

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.