Kraematon Investment Advisors Inc. Has $715,000 Position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Kraematon Investment Advisors Inc. trimmed its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 5.8% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 41,203 shares of the company’s stock after selling 2,523 shares during the quarter. Kraematon Investment Advisors Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $715,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of FPE. Etesian Wealth Advisors Inc. boosted its position in shares of First Trust Preferred Securities and Income ETF by 0.3% during the 1st quarter. Etesian Wealth Advisors Inc. now owns 187,309 shares of the company’s stock worth $3,244,000 after acquiring an additional 595 shares in the last quarter. Cornerstone Advisory LLC increased its stake in shares of First Trust Preferred Securities and Income ETF by 2.2% in the 4th quarter. Cornerstone Advisory LLC now owns 31,729 shares of the company’s stock valued at $535,000 after purchasing an additional 672 shares during the last quarter. J.W. Cole Advisors Inc. raised its holdings in shares of First Trust Preferred Securities and Income ETF by 1.0% during the 4th quarter. J.W. Cole Advisors Inc. now owns 78,371 shares of the company’s stock worth $1,321,000 after buying an additional 759 shares in the last quarter. Edmonds Duncan Registered Investment Advisors LLC lifted its position in shares of First Trust Preferred Securities and Income ETF by 0.6% during the 1st quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 149,957 shares of the company’s stock worth $2,597,000 after buying an additional 825 shares during the last quarter. Finally, Centaurus Financial Inc. boosted its stake in First Trust Preferred Securities and Income ETF by 8.4% in the fourth quarter. Centaurus Financial Inc. now owns 10,936 shares of the company’s stock valued at $184,000 after buying an additional 848 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

NYSEARCA FPE remained flat at $17.57 during trading on Friday. The company’s stock had a trading volume of 1,140,893 shares, compared to its average volume of 1,262,910. First Trust Preferred Securities and Income ETF has a 12-month low of $15.46 and a 12-month high of $17.70. The firm’s fifty day moving average price is $17.46 and its 200 day moving average price is $17.29.

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.