First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Capital Investment Advisory Services LLC

Capital Investment Advisory Services LLC decreased its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 6.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 132,757 shares of the company’s stock after selling 9,517 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $2,350,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC raised its stake in First Trust Preferred Securities and Income ETF by 1,642.3% during the third quarter. International Assets Investment Management LLC now owns 1,544,370 shares of the company’s stock worth $279,530,000 after purchasing an additional 1,455,731 shares during the period. Falcon Wealth Planning purchased a new position in First Trust Preferred Securities and Income ETF in the fourth quarter worth approximately $19,169,000. LPL Financial LLC increased its stake in First Trust Preferred Securities and Income ETF by 9.5% during the third quarter. LPL Financial LLC now owns 11,876,712 shares of the company’s stock worth $214,968,000 after acquiring an additional 1,035,105 shares during the last quarter. Barclays PLC purchased a new stake in First Trust Preferred Securities and Income ETF in the third quarter valued at $12,838,000. Finally, Advisory Alpha LLC acquired a new position in shares of First Trust Preferred Securities and Income ETF in the 4th quarter valued at $11,641,000.

First Trust Preferred Securities and Income ETF Price Performance

Shares of NYSEARCA:FPE opened at $17.73 on Thursday. The business has a 50-day moving average price of $17.79 and a 200 day moving average price of $17.85. First Trust Preferred Securities and Income ETF has a 12-month low of $16.95 and a 12-month high of $18.23.

First Trust Preferred Securities and Income ETF Company 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.