Kingsview Wealth Management LLC Purchases 23,614 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Kingsview Wealth Management LLC raised its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 21.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 132,022 shares of the company’s stock after acquiring an additional 23,614 shares during the period. Kingsview Wealth Management LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $2,337,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC raised its stake in shares of First Trust Preferred Securities and Income ETF by 1,642.3% in 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 last quarter. Falcon Wealth Planning purchased a new stake in First Trust Preferred Securities and Income ETF in the 4th quarter valued at $19,169,000. LPL Financial LLC lifted its stake in First Trust Preferred Securities and Income ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 11,876,712 shares of the company’s stock valued at $214,968,000 after acquiring an additional 1,035,105 shares in the last quarter. Barclays PLC purchased a new position in First Trust Preferred Securities and Income ETF during the 3rd quarter worth $12,838,000. Finally, Advisory Alpha LLC bought a new stake in shares of First Trust Preferred Securities and Income ETF in the 4th quarter worth $11,641,000.

First Trust Preferred Securities and Income ETF Trading Up 0.2 %

Shares of FPE stock opened at $17.84 on Tuesday. The firm has a 50-day moving average of $17.78 and a 200-day moving average of $17.86. First Trust Preferred Securities and Income ETF has a one year low of $16.95 and a one year 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.