Atria Wealth Solutions Inc. Has $442,000 Position in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI)

Atria Wealth Solutions Inc. trimmed its stake in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 15.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,642 shares of the company’s stock after selling 4,231 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $442,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in FPEI. Wealth Enhancement Advisory Services LLC bought a new position in First Trust Institutional Preferred Securities and Income ETF in the third quarter valued at about $209,000. Fiduciary Trust Co bought a new position in First Trust Institutional Preferred Securities and Income ETF in the 3rd quarter valued at approximately $263,000. Hobbs Group Advisors LLC acquired a new stake in First Trust Institutional Preferred Securities and Income ETF during the 3rd quarter worth approximately $289,000. Ameritas Advisory Services LLC bought a new stake in First Trust Institutional Preferred Securities and Income ETF during the 4th quarter worth approximately $299,000. Finally, MML Investors Services LLC grew its holdings in First Trust Institutional Preferred Securities and Income ETF by 21.8% during the 3rd quarter. MML Investors Services LLC now owns 16,341 shares of the company’s stock worth $312,000 after acquiring an additional 2,925 shares during the last quarter.

First Trust Institutional Preferred Securities and Income ETF Stock Down 0.1 %

FPEI stock opened at $18.81 on Friday. The company has a fifty day moving average price of $18.73 and a 200-day moving average price of $18.81. First Trust Institutional Preferred Securities and Income ETF has a 52-week low of $17.90 and a 52-week high of $19.11.

First Trust Institutional Preferred Securities and Income ETF Company Profile

The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities.