First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans grew its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 12.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,838 shares of the company’s stock after acquiring an additional 1,696 shares during the period. Thrivent Financial for Lutherans’ holdings in First Trust Preferred Securities and Income ETF were worth $269,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Opal Wealth Advisors LLC bought a new position in First Trust Preferred Securities and Income ETF during the 2nd quarter valued at $26,000. Ameliora Wealth Management Ltd. lifted its position in shares of 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 purchasing an additional 690 shares during the last quarter. FSC Wealth Advisors LLC grew its stake in First Trust Preferred Securities and Income ETF by 85.3% in the second quarter. FSC Wealth Advisors LLC now owns 2,172 shares of the company’s stock worth $38,000 after purchasing an additional 1,000 shares in the last quarter. Larson Financial Group LLC increased its holdings in First Trust Preferred Securities and Income ETF by 117.1% in the second quarter. Larson Financial Group LLC now owns 2,672 shares of the company’s stock valued at $46,000 after buying an additional 1,441 shares during the last quarter. Finally, Mattson Financial Services LLC bought a new stake in First Trust Preferred Securities and Income ETF in the second quarter valued at about $46,000.

First Trust Preferred Securities and Income ETF Trading Up 0.2 %

FPE stock opened at $18.02 on Friday. First Trust Preferred Securities and Income ETF has a 1-year low of $16.46 and a 1-year high of $18.23. The firm has a fifty day moving average price of $18.01 and a two-hundred day moving average price of $17.74.

About First Trust Preferred Securities and Income ETF

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.