Moser Wealth Advisors LLC Grows Stock Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Moser Wealth Advisors LLC raised its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 1.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 95,184 shares of the company’s stock after buying an additional 1,572 shares during the period. First Trust Preferred Securities and Income ETF accounts for approximately 0.9% of Moser Wealth Advisors LLC’s portfolio, making the stock its 26th largest position. Moser Wealth Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,685,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in FPE. Farther Finance Advisors LLC grew its holdings in First Trust Preferred Securities and Income ETF by 5.8% during 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. Independent Wealth Network Inc. grew its holdings in shares of First Trust Preferred Securities and Income ETF by 0.5% in the fourth quarter. Independent Wealth Network Inc. now owns 108,525 shares of the company’s stock valued at $1,921,000 after purchasing an additional 567 shares in the last quarter. Aspen Wealth Strategies LLC increased its position in First Trust Preferred Securities and Income ETF by 1.2% in the third quarter. Aspen Wealth Strategies LLC now owns 50,959 shares of the company’s stock worth $922,000 after purchasing an additional 593 shares during the last quarter. Ameliora Wealth Management Ltd. raised its stake in First Trust Preferred Securities and Income ETF by 93.1% during the third quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after purchasing an additional 690 shares in the last quarter. Finally, Raleigh Capital Management Inc. lifted its position in First Trust Preferred Securities and Income ETF by 96.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 1,681 shares of the company’s stock valued at $30,000 after purchasing an additional 826 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of NYSEARCA FPE opened at $17.80 on Friday. First Trust Preferred Securities and Income ETF has a 12-month low of $16.95 and a 12-month high of $18.23. The firm’s 50-day moving average price is $17.78 and its 200-day moving average price is $17.85.

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.