UBS Group AG Has $158.11 Million Stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

UBS Group AG grew its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPEFree Report) by 1.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 9,900,363 shares of the company’s stock after purchasing an additional 109,938 shares during the quarter. UBS Group AG’s holdings in First Trust Preferred Securities and Income ETF were worth $158,109,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of FPE. Bank of New York Mellon Corp boosted its holdings in shares of First Trust Preferred Securities and Income ETF by 20.0% during the 1st quarter. Bank of New York Mellon Corp now owns 36,572 shares of the company’s stock worth $696,000 after buying an additional 6,095 shares in the last quarter. Bank of Montreal Can raised its position in shares of First Trust Preferred Securities and Income ETF by 14.9% during the first quarter. Bank of Montreal Can now owns 271,002 shares of the company’s stock worth $5,149,000 after purchasing an additional 35,120 shares during the period. Synovus Financial Corp raised its position in shares of First Trust Preferred Securities and Income ETF by 12.2% during the first quarter. Synovus Financial Corp now owns 86,767 shares of the company’s stock worth $1,651,000 after purchasing an additional 9,418 shares during the period. Baird Financial Group Inc. raised its position in shares of First Trust Preferred Securities and Income ETF by 9.4% during the first quarter. Baird Financial Group Inc. now owns 1,768,430 shares of the company’s stock worth $33,636,000 after purchasing an additional 152,045 shares during the period. Finally, Mather Group LLC. acquired a new position in shares of First Trust Preferred Securities and Income ETF during the first quarter worth approximately $425,000.

First Trust Preferred Securities and Income ETF Stock Up 0.5 %

Shares of NYSEARCA:FPE opened at $17.10 on Friday. First Trust Preferred Securities and Income ETF has a twelve month low of $15.23 and a twelve month high of $17.97. The stock’s 50 day moving average is $16.86 and its 200-day moving average is $16.31.

About First Trust Preferred Securities and Income ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding FPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Preferred Securities and Income ETF (NYSEARCA:FPEFree Report).

Institutional Ownership by Quarter for First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

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