Atomi Financial Group Inc. Acquires New Shares in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Atomi Financial Group Inc. acquired a new stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 13,121 shares of the company’s stock, valued at approximately $232,000.

Several other hedge funds also recently modified their holdings of the company. Creative Planning increased its position in First Trust Preferred Securities and Income ETF by 32.8% in the 3rd quarter. Creative Planning now owns 14,869 shares of the company’s stock valued at $269,000 after buying an additional 3,669 shares in the last quarter. Farther Finance Advisors LLC increased its position in First Trust Preferred Securities and Income ETF by 5.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock valued at $184,000 after buying an additional 559 shares in the last quarter. Acorn Wealth Advisors LLC bought a new stake in First Trust Preferred Securities and Income ETF in the 3rd quarter valued at about $318,000. JPMorgan Chase & Co. increased its position in First Trust Preferred Securities and Income ETF by 29.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 989,613 shares of the company’s stock valued at $17,912,000 after buying an additional 224,647 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its position in First Trust Preferred Securities and Income ETF by 12.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 14,838 shares of the company’s stock valued at $269,000 after buying an additional 1,696 shares in the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

Shares of FPE opened at $17.73 on Tuesday. The stock has a 50 day moving average price of $17.79 and a two-hundred day moving average price of $17.85. First Trust Preferred Securities and Income ETF has a 52 week low of $16.95 and a 52 week high of $18.23.

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.