Atticus Wealth Management LLC Lowers Stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Atticus Wealth Management LLC trimmed its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 74.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,863 shares of the company’s stock after selling 11,167 shares during the period. Atticus Wealth Management LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $68,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in FPE. Farther Finance Advisors LLC boosted its holdings in shares of First Trust Preferred Securities and Income ETF by 5.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock valued at $184,000 after purchasing an additional 559 shares during the last quarter. Independent Wealth Network Inc. grew its holdings in First Trust Preferred Securities and Income ETF by 0.5% during the 4th quarter. Independent Wealth Network Inc. now owns 108,525 shares of the company’s stock valued at $1,921,000 after buying an additional 567 shares in the last quarter. Aspen Wealth Strategies LLC increased its stake in First Trust Preferred Securities and Income ETF by 1.2% in the 3rd quarter. Aspen Wealth Strategies LLC now owns 50,959 shares of the company’s stock worth $922,000 after acquiring an additional 593 shares during the last quarter. Ameliora Wealth Management Ltd. raised its holdings in shares of First Trust Preferred Securities and Income ETF by 93.1% during the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock worth $26,000 after acquiring an additional 690 shares in the last quarter. Finally, Raleigh Capital Management Inc. boosted its position in shares of First Trust Preferred Securities and Income ETF by 96.6% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,681 shares of the company’s stock valued at $30,000 after acquiring an additional 826 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Down 0.1 %

First Trust Preferred Securities and Income ETF stock opened at $17.72 on Monday. First Trust Preferred Securities and Income ETF has a 52-week low of $16.95 and a 52-week high of $18.23. The firm’s fifty day moving average is $17.80 and its 200 day moving average is $17.85.

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.