Vestmark Advisory Solutions Inc. lifted its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Get Rating) by 233.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 100,126 shares of the company’s stock after acquiring an additional 70,125 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $1,682,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently made changes to their positions in the stock. Royal Bank of Canada lifted its stake in First Trust Preferred Securities and Income ETF by 18.5% during the third quarter. Royal Bank of Canada now owns 24,229,090 shares of the company’s stock valued at $404,626,000 after purchasing an additional 3,774,013 shares during the last quarter. Jane Street Group LLC grew its stake in First Trust Preferred Securities and Income ETF by 191.8% in the 3rd quarter. Jane Street Group LLC now owns 2,563,365 shares of the company’s stock valued at $42,808,000 after buying an additional 1,684,760 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in First Trust Preferred Securities and Income ETF in the 3rd quarter valued at $22,532,000. Rockefeller Capital Management L.P. lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 130.6% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 1,359,407 shares of the company’s stock worth $22,702,000 after acquiring an additional 769,878 shares during the period. Finally, Northern Oak Wealth Management Inc. acquired a new stake in shares of First Trust Preferred Securities and Income ETF during the 3rd quarter worth about $12,676,000.
First Trust Preferred Securities and Income ETF Stock Performance
FPE opened at $15.96 on Friday. First Trust Preferred Securities and Income ETF has a 1-year low of $15.23 and a 1-year high of $19.09. The firm has a 50-day moving average price of $17.21 and a two-hundred day moving average price of $17.04.
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.
Further Reading
- Get a free copy of the StockNews.com research report on First Trust Preferred Securities and Income ETF (FPE)
- MarketBeat Week in Review – 3/27 – 3/31
- What is a Gold IRA, and is it a Viable Investment?
- Is Braze, Inc Ready To Rocket Higher?
- Mullen Automotive Makes Deliveries; Short-Squeeze Possible
- Can Frontline Maintain This Momentum?
Want to see what other hedge funds are holding FPE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Get Rating).
Receive News & Ratings for First Trust Preferred Securities and Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Preferred Securities and Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
