First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) Stake Cut by Atria Investments Inc

Atria Investments Inc lessened its holdings in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 35.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,855 shares of the company’s stock after selling 5,970 shares during the quarter. Atria Investments Inc’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $203,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Global Retirement Partners LLC grew its position in First Trust Institutional Preferred Securities and Income ETF by 151.5% during the fourth quarter. Global Retirement Partners LLC now owns 3,036 shares of the company’s stock valued at $57,000 after purchasing an additional 1,829 shares in the last quarter. Private Trust Co. NA grew its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 17.2% during the 4th quarter. Private Trust Co. NA now owns 9,293 shares of the company’s stock valued at $174,000 after acquiring an additional 1,364 shares in the last quarter. Fiduciary Trust Co purchased a new position in shares of First Trust Institutional Preferred Securities and Income ETF during the 3rd quarter valued at $263,000. Hobbs Group Advisors LLC acquired a new position in shares of First Trust Institutional Preferred Securities and Income ETF in the third quarter worth $289,000. Finally, Ameritas Advisory Services LLC acquired a new stake in First Trust Institutional Preferred Securities and Income ETF during the fourth quarter valued at $299,000.

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

Shares of FPEI opened at $18.73 on Wednesday. The firm’s 50 day moving average price is $18.75 and its 200 day moving average price is $18.82. First Trust Institutional Preferred Securities and Income ETF has a twelve month low of $17.90 and a twelve month high of $19.11.

First Trust Institutional Preferred Securities and Income ETF 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.