Greatmark Investment Partners Inc. Purchases 875 Shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI)

Greatmark Investment Partners Inc. raised its stake in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 6.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,275 shares of the company’s stock after acquiring an additional 875 shares during the quarter. Greatmark Investment Partners Inc.’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $267,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FPEI. Main Street Financial Solutions LLC raised its holdings in First Trust Institutional Preferred Securities and Income ETF by 28.2% in the 3rd quarter. Main Street Financial Solutions LLC now owns 25,896 shares of the company’s stock valued at $494,000 after acquiring an additional 5,693 shares during the period. Prospera Financial Services Inc raised its holdings in First Trust Institutional Preferred Securities and Income ETF by 3.8% in the 3rd quarter. Prospera Financial Services Inc now owns 42,842 shares of the company’s stock valued at $817,000 after acquiring an additional 1,556 shares during the period. Citizens Financial Group Inc. RI raised its holdings in First Trust Institutional Preferred Securities and Income ETF by 38.5% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 617,850 shares of the company’s stock valued at $11,782,000 after acquiring an additional 171,730 shares during the period. Trustmark National Bank Trust Department raised its holdings in First Trust Institutional Preferred Securities and Income ETF by 4.7% in the 3rd quarter. Trustmark National Bank Trust Department now owns 29,590 shares of the company’s stock valued at $564,000 after acquiring an additional 1,331 shares during the period. Finally, Flagstar Advisors Inc. grew its position in shares of First Trust Institutional Preferred Securities and Income ETF by 16.2% during the 3rd quarter. Flagstar Advisors Inc. now owns 304,616 shares of the company’s stock worth $5,809,000 after purchasing an additional 42,544 shares in the last quarter.

First Trust Institutional Preferred Securities and Income ETF Stock Performance

Shares of NYSEARCA:FPEI opened at $18.72 on Friday. The company’s 50 day moving average price is $18.75 and its two-hundred day moving average price is $18.82. First Trust Institutional Preferred Securities and Income ETF has a 12-month low of $17.90 and a 12-month high of $19.11.

About First Trust Institutional Preferred Securities and Income ETF

The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities.