Boyce & Associates Wealth Consulting Inc. Buys 1,648 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Boyce & Associates Wealth Consulting Inc. lifted its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 10.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,733 shares of the company’s stock after purchasing an additional 1,648 shares during the quarter. Boyce & Associates Wealth Consulting Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $303,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. OLD Mission Capital LLC raised its stake in shares of First Trust Preferred Securities and Income ETF by 26,692.8% in the 4th quarter. OLD Mission Capital LLC now owns 2,835,478 shares of the company’s stock valued at $47,806,000 after purchasing an additional 2,824,895 shares during the period. Cetera Investment Advisers increased its stake in First Trust Preferred Securities and Income ETF by 194.9% in the 1st quarter. Cetera Investment Advisers now owns 1,141,966 shares of the company’s stock valued at $19,779,000 after buying an additional 754,718 shares during the last quarter. Waverly Advisors LLC bought a new stake in First Trust Preferred Securities and Income ETF during the 1st quarter worth about $11,610,000. Synergy Asset Management LLC acquired a new position in shares of First Trust Preferred Securities and Income ETF during the 1st quarter worth about $7,359,000. Finally, Ameritas Investment Partners Inc. boosted its stake in shares of First Trust Preferred Securities and Income ETF by 1,275.1% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 410,145 shares of the company’s stock worth $7,120,000 after buying an additional 380,318 shares during the last quarter.

First Trust Preferred Securities and Income ETF Trading Up 0.2 %

Shares of First Trust Preferred Securities and Income ETF stock opened at $18.11 on Wednesday. First Trust Preferred Securities and Income ETF has a 12-month low of $15.46 and a 12-month high of $18.23. The business’s 50 day moving average is $17.87 and its 200-day moving average is $17.52.

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.