Advisor OS LLC Decreases Stock Position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Advisor OS LLC cut its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 87.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,092 shares of the company’s stock after selling 439,880 shares during the quarter. Advisor OS LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,117,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. Raleigh Capital Management Inc. lifted its position in First Trust Preferred Securities and Income ETF by 96.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,681 shares of the company’s stock valued at $30,000 after purchasing an additional 826 shares during the last quarter. ORG Partners LLC boosted its holdings 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 purchasing an additional 2,500 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of First Trust Preferred Securities and Income ETF by 435.3% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,849 shares of the company’s stock worth $68,000 after purchasing an additional 3,130 shares during the last quarter. Ehrlich Financial Group purchased a new position in First Trust Preferred Securities and Income ETF during the 4th quarter valued at about $181,000. Finally, Farther Finance Advisors LLC raised its position in First Trust Preferred Securities and Income ETF by 5.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock valued at $184,000 after purchasing an additional 559 shares during the last quarter.

First Trust Preferred Securities and Income ETF Trading Up 0.2 %

Shares of FPE stock opened at $17.82 on Wednesday. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.95 and a fifty-two week high of $18.23. The business’s 50 day moving average price is $17.75 and its 200-day moving average price is $17.89.

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.