Blackhawk Capital Partners LLC. Has $1.12 Million Stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Blackhawk Capital Partners LLC. lessened its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 56.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 63,074 shares of the company’s stock after selling 82,017 shares during the period. Blackhawk Capital Partners LLC.’s holdings in First Trust Preferred Securities and Income ETF were worth $1,116,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Raleigh Capital Management Inc. grew its stake in First Trust Preferred Securities and Income ETF by 96.6% during the fourth quarter. Raleigh Capital Management Inc. now owns 1,681 shares of the company’s stock worth $30,000 after buying an additional 826 shares in the last quarter. ORG Partners LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 1,655.6% during the 4th quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock worth $47,000 after acquiring an additional 2,500 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of First Trust Preferred Securities and Income ETF by 435.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,849 shares of the company’s stock worth $68,000 after acquiring an additional 3,130 shares in the last quarter. Ehrlich Financial Group acquired a new stake in shares of First Trust Preferred Securities and Income ETF during the 4th quarter worth approximately $181,000. Finally, Farther Finance Advisors LLC increased its stake in First Trust Preferred Securities and Income ETF by 5.8% in the third quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock valued at $184,000 after acquiring an additional 559 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

NYSEARCA FPE opened at $17.78 on Tuesday. The business has a fifty day moving average price of $17.75 and a two-hundred day moving average price of $17.88. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.95 and a fifty-two week high of $18.23.

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.