Lake Street Private Wealth LLC Buys 5,239 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Lake Street Private Wealth LLC grew its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 162,836 shares of the company’s stock after acquiring an additional 5,239 shares during the period. Lake Street Private Wealth LLC owned 0.05% of First Trust Preferred Securities and Income ETF worth $2,882,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Ameliora Wealth Management Ltd. raised its position in First Trust Preferred Securities and Income ETF by 93.1% in the 3rd 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. Mattson Financial Services LLC bought a new stake in shares of First Trust Preferred Securities and Income ETF during the second quarter worth $46,000. ORG Partners LLC lifted its stake in shares of First Trust Preferred Securities and Income ETF by 1,655.6% during the fourth quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock valued at $47,000 after acquiring an additional 2,500 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its position in First Trust Preferred Securities and Income ETF by 435.3% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,849 shares of the company’s stock worth $68,000 after purchasing an additional 3,130 shares during the period. Finally, FSC Wealth Advisors LLC raised its holdings in First Trust Preferred Securities and Income ETF by 75.9% during the 3rd quarter. FSC Wealth Advisors LLC now owns 3,820 shares of the company’s stock worth $69,000 after purchasing an additional 1,648 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Up 0.1 %

Shares of NYSEARCA FPE opened at $17.76 on Friday. First Trust Preferred Securities and Income ETF has a 1 year low of $16.82 and a 1 year high of $18.23. The firm’s 50-day moving average is $17.82 and its 200-day moving average is $17.83.

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.