Certified Advisory Corp Reduces Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Certified Advisory Corp decreased its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPEFree Report) by 9.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,569 shares of the company’s stock after selling 1,264 shares during the period. Certified Advisory Corp’s holdings in First Trust Preferred Securities and Income ETF were worth $195,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kingsview Wealth Management LLC grew its holdings in First Trust Preferred Securities and Income ETF by 1.5% during the 3rd quarter. Kingsview Wealth Management LLC now owns 263,015 shares of the company’s stock worth $4,200,000 after acquiring an additional 4,006 shares in the last quarter. Brookstone Capital Management grew its holdings in First Trust Preferred Securities and Income ETF by 172.9% during the 4th quarter. Brookstone Capital Management now owns 87,088 shares of the company’s stock worth $1,468,000 after acquiring an additional 55,171 shares in the last quarter. Summit Financial Wealth Advisors LLC grew its holdings in First Trust Preferred Securities and Income ETF by 42.3% during the 4th quarter. Summit Financial Wealth Advisors LLC now owns 27,781 shares of the company’s stock worth $468,000 after acquiring an additional 8,259 shares in the last quarter. Eldridge Investment Advisors Inc. grew its holdings in First Trust Preferred Securities and Income ETF by 28.6% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 506,055 shares of the company’s stock worth $8,532,000 after acquiring an additional 112,546 shares in the last quarter. Finally, Wagner Wealth Management LLC boosted its holdings in shares of First Trust Preferred Securities and Income ETF by 4.9% in the 4th quarter. Wagner Wealth Management LLC now owns 20,866 shares of the company’s stock valued at $352,000 after buying an additional 972 shares during the period.

First Trust Preferred Securities and Income ETF Trading Down 0.2 %

Shares of NYSEARCA FPE traded down $0.04 during midday trading on Thursday, hitting $17.25. The company’s stock had a trading volume of 117,173 shares, compared to its average volume of 1,383,785. First Trust Preferred Securities and Income ETF has a 1-year low of $15.46 and a 1-year high of $17.45. The firm’s fifty day moving average price is $17.24 and its 200-day moving average price is $16.94.

First Trust Preferred Securities and Income ETF Profile

(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

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

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