Jaffetilchin Investment Partners LLC Acquires 8,755 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Jaffetilchin Investment Partners LLC increased its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 13.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 74,377 shares of the company’s stock after purchasing an additional 8,755 shares during the quarter. Jaffetilchin Investment Partners LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,346,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC lifted its position in First Trust Preferred Securities and Income ETF by 3.5% during the second quarter. LPL Financial LLC now owns 10,841,607 shares of the company’s stock worth $188,210,000 after purchasing an additional 362,026 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in First Trust Preferred Securities and Income ETF by 2.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 5,552,458 shares of the company’s stock worth $96,391,000 after acquiring an additional 157,982 shares in the last quarter. Kestra Advisory Services LLC raised its stake in First Trust Preferred Securities and Income ETF by 4.9% during the first quarter. Kestra Advisory Services LLC now owns 2,134,429 shares of the company’s stock worth $36,968,000 after acquiring an additional 100,431 shares in the last quarter. Osaic Holdings Inc. raised its stake in First Trust Preferred Securities and Income ETF by 5.7% during the first quarter. Osaic Holdings Inc. now owns 1,948,087 shares of the company’s stock worth $33,742,000 after acquiring an additional 105,532 shares in the last quarter. Finally, International Assets Investment Management LLC raised its stake in First Trust Preferred Securities and Income ETF by 1,642.3% during the third quarter. International Assets Investment Management LLC now owns 1,544,370 shares of the company’s stock worth $279,530,000 after acquiring an additional 1,455,731 shares in the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

Shares of NYSEARCA FPE opened at $18.10 on Monday. First Trust Preferred Securities and Income ETF has a 12 month low of $15.92 and a 12 month high of $18.23. The stock has a 50-day moving average price of $18.04 and a two-hundred day moving average price of $17.65.

About First Trust Preferred Securities and Income ETF

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.