Creative Planning lowered its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) by 20.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,819 shares of the company’s stock after selling 3,114 shares during the period. Creative Planning’s holdings in First Trust Preferred Securities and Income ETF were worth $189,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in the business. Nilsine Partners LLC purchased a new stake in First Trust Preferred Securities and Income ETF during the second quarter valued at about $169,000. Kovack Advisors Inc. lifted its stake in First Trust Preferred Securities and Income ETF by 13.6% during the second quarter. Kovack Advisors Inc. now owns 140,759 shares of the company’s stock valued at $2,248,000 after buying an additional 16,890 shares in the last quarter. Mainsail Financial Group LLC lifted its stake in First Trust Preferred Securities and Income ETF by 1.4% during the second quarter. Mainsail Financial Group LLC now owns 69,264 shares of the company’s stock valued at $1,106,000 after buying an additional 966 shares in the last quarter. International Assets Investment Management LLC raised its stake in First Trust Preferred Securities and Income ETF by 3.8% during the 2nd quarter. International Assets Investment Management LLC now owns 114,743 shares of the company’s stock valued at $1,832,000 after purchasing an additional 4,215 shares during the period. Finally, Cornerstone Advisory LLC raised its stake in First Trust Preferred Securities and Income ETF by 30.7% during the 2nd quarter. Cornerstone Advisory LLC now owns 28,929 shares of the company’s stock valued at $462,000 after purchasing an additional 6,803 shares during the period.
First Trust Preferred Securities and Income ETF Price Performance
Shares of NYSEARCA:FPE opened at $15.52 on Thursday. The company’s fifty day moving average is $15.94 and its two-hundred day moving average is $15.96. First Trust Preferred Securities and Income ETF has a 12-month low of $15.23 and a 12-month high of $18.29.
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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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 – Free Report).
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