First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. increased its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 0.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 232,971 shares of the company’s stock after acquiring an additional 1,134 shares during the period. D.A. Davidson & CO. owned approximately 0.08% of First Trust Preferred Securities and Income ETF worth $4,217,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Bank of Montreal Can lifted its position in First Trust Preferred Securities and Income ETF by 47.0% during the third quarter. Bank of Montreal Can now owns 361,473 shares of the company’s stock valued at $6,557,000 after buying an additional 115,638 shares in the last quarter. Acorn Wealth Advisors LLC acquired a new position in First Trust Preferred Securities and Income ETF during the third quarter valued at approximately $318,000. Centaurus Financial Inc. lifted its position in First Trust Preferred Securities and Income ETF by 11.3% during the third quarter. Centaurus Financial Inc. now owns 12,685 shares of the company’s stock valued at $230,000 after buying an additional 1,290 shares in the last quarter. MGB Wealth Management LLC acquired a new position in First Trust Preferred Securities and Income ETF during the third quarter valued at approximately $490,000. Finally, Kingsview Wealth Management LLC lifted its position in First Trust Preferred Securities and Income ETF by 9.1% during the third quarter. Kingsview Wealth Management LLC now owns 108,408 shares of the company’s stock valued at $1,962,000 after buying an additional 9,062 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Up 0.1 %

Shares of FPE stock opened at $17.87 on Friday. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.16 and a fifty-two week high of $18.23. The firm’s 50 day moving average price is $18.03 and its two-hundred day moving average price is $17.72.

First Trust Preferred Securities and Income ETF 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.