Koshinski Asset Management Inc. acquired a new stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Get Rating) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,591 shares of the company’s stock, valued at approximately $245,000.
Several other institutional investors and hedge funds have also added to or reduced their stakes in FPE. Antonetti Capital Management LLC purchased a new position in First Trust Preferred Securities and Income ETF during the third quarter valued at $35,000. Waldron Private Wealth LLC purchased a new position in shares of First Trust Preferred Securities and Income ETF in the 3rd quarter worth about $168,000. Cooper Financial Group purchased a new position in shares of First Trust Preferred Securities and Income ETF in the 4th quarter worth about $175,000. Lumature Wealth Partners LLC purchased a new position in shares of First Trust Preferred Securities and Income ETF in the 1st quarter worth about $190,000. Finally, Centaurus Financial Inc. raised its position in shares of First Trust Preferred Securities and Income ETF by 5.7% in the 3rd quarter. Centaurus Financial Inc. now owns 11,433 shares of the company’s stock worth $191,000 after purchasing an additional 616 shares during the last quarter.
First Trust Preferred Securities and Income ETF Stock Down 0.1 %
FPE opened at $15.94 on Thursday. The stock has a 50-day moving average price of $17.09 and a 200-day moving average price of $17.00. First Trust Preferred Securities and Income ETF has a 1 year low of $15.23 and a 1 year high of $18.95.
About First Trust Preferred Securities and Income ETF
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.
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