Leavell Investment Management Inc. bought a new position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Get Rating) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,744 shares of the company’s stock, valued at approximately $171,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jane Street Group LLC grew its stake in shares of First Trust Preferred Securities and Income ETF by 207.6% in the fourth quarter. Jane Street Group LLC now owns 7,885,115 shares of the company’s stock valued at $132,470,000 after buying an additional 5,321,750 shares in the last quarter. Royal Bank of Canada grew its stake in shares of First Trust Preferred Securities and Income ETF by 18.5% in the third quarter. Royal Bank of Canada now owns 24,229,090 shares of the company’s stock valued at $404,626,000 after buying an additional 3,774,013 shares in the last quarter. Stonebridge Advisors LLC grew its stake in shares of First Trust Preferred Securities and Income ETF by 198.1% in the first quarter. Stonebridge Advisors LLC now owns 643,293 shares of the company’s stock valued at $10,267,000 after buying an additional 427,462 shares in the last quarter. Glass Jacobson Investment Advisors llc acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the fourth quarter valued at $5,826,000. Finally, Baird Financial Group Inc. grew its stake in shares of First Trust Preferred Securities and Income ETF by 19.6% in the third quarter. Baird Financial Group Inc. now owns 1,621,778 shares of the company’s stock valued at $27,084,000 after buying an additional 265,741 shares in the last quarter.
First Trust Preferred Securities and Income ETF Price Performance
Shares of NYSEARCA FPE opened at $15.89 on Friday. First Trust Preferred Securities and Income ETF has a twelve month low of $15.23 and a twelve month high of $18.33. The stock has a fifty day simple moving average of $15.87 and a 200-day simple moving average of $16.66.
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.
See Also
- Get a free research report on First Trust Preferred Securities and Income ETF from StockNews.com
- MarketBeat Week in Review – 6/19 – 6/23
- CarMax Stock Flying On Earnings Beat, Return Of The Highs?
- Commercial Metals Company Shakes Off The Rust: Confirms Uptrend
- Smith & Wesson, A Timeless Value Play At Decade Lows
- Five stocks we like better than First Trust Preferred Securities and Income ETF
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.
