17,410 Shares in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Purchased by Global Assets Advisory LLC

Global Assets Advisory LLC bought a new position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 17,410 shares of the company’s stock, valued at approximately $302,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FPE. Creekmur Asset Management LLC bought a new position in First Trust Preferred Securities and Income ETF during the 4th quarter valued at approximately $116,000. Hilltop Holdings Inc. lifted its holdings in First Trust Preferred Securities and Income ETF by 9.0% in the 4th quarter. Hilltop Holdings Inc. now owns 10,896 shares of the company’s stock worth $184,000 after buying an additional 896 shares during the period. Centaurus Financial Inc. lifted its holdings in First Trust Preferred Securities and Income ETF by 8.4% in the 4th quarter. Centaurus Financial Inc. now owns 10,936 shares of the company’s stock worth $184,000 after buying an additional 848 shares during the period. Diversified LLC purchased a new stake in First Trust Preferred Securities and Income ETF in the 4th quarter worth approximately $198,000. Finally, Carmichael Hill & Associates Inc. lifted its holdings in First Trust Preferred Securities and Income ETF by 10.9% in the 4th quarter. Carmichael Hill & Associates Inc. now owns 12,388 shares of the company’s stock worth $209,000 after buying an additional 1,218 shares during the period.

First Trust Preferred Securities and Income ETF Trading Up 0.2 %

NYSEARCA FPE opened at $17.35 on Friday. First Trust Preferred Securities and Income ETF has a fifty-two week low of $15.46 and a fifty-two week high of $17.45. The stock has a 50 day simple moving average of $17.27 and a two-hundred day simple moving average of $17.14.

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.