First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Private Trust Co. NA

Private Trust Co. NA lessened its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 16.8% during the fourth quarter, HoldingsChannel reports. The firm owned 78,181 shares of the company’s stock after selling 15,744 shares during the period. Private Trust Co. NA’s holdings in First Trust Preferred Securities and Income ETF were worth $1,384,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Raleigh Capital Management Inc. lifted its stake in shares of 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 purchasing an additional 826 shares in the last quarter. ORG Partners LLC increased its position in shares of First Trust Preferred Securities and Income ETF by 1,655.6% during the fourth 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 last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of First Trust Preferred Securities and Income ETF by 435.3% during the fourth 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 during the last quarter. Farther Finance Advisors LLC increased its position in shares of First Trust Preferred Securities and Income ETF by 5.8% during the third quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock worth $184,000 after acquiring an additional 559 shares during the last quarter. Finally, Ehrlich Financial Group purchased a new stake in shares of First Trust Preferred Securities and Income ETF during the fourth quarter worth about $181,000.

First Trust Preferred Securities and Income ETF Stock Up 0.2 %

Shares of NYSEARCA FPE opened at $17.85 on Friday. First Trust Preferred Securities and Income ETF has a 1 year low of $16.95 and a 1 year high of $18.23. The stock’s 50-day simple moving average is $17.75 and its 200-day simple moving average is $17.88.

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.