NYSEARCA:FPE

First Trust Preferred Securities and Income ETF (FPE) Price, Holdings, & News

$17.03
-0.03 (-0.18%)
(As of 04/25/2024 ET)
Today's Range
$16.95
$17.04
50-Day Range
$16.96
$17.43
52-Week Range
$15.45
$17.45
Volume
856,165 shs
Average Volume
1.42 million shs
Market Capitalization
$5.22 billion
Assets Under Management
$5.21 billion
Dividend Yield
5.64%
Net Expense Ratio
0.85%
FPE stock logo

About First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

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. FPE was launched on Feb 12, 2013 and is managed by First Trust.

FPE Stock Price History

FPE ETF News Headlines

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First Trust Preferred Securities and Income ETF (FPE)
Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!
Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.
See More Headlines
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Fund Details

Issuer
First Trust
Fund Name
First Trust Preferred Securities and Income ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:FPE
Inception Date
2/11/2013
Fund Manager
Scott Fleming, Robert Wolf, Eric Weaver, Angelo Graci
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Strategy
Focus
Preferred Stock
Development Level
Blended Development
Region
Global
Number of Holdings
239

Fund Statistics

Assets Under Management
$5.21 billion
Average Daily Volume
$1.64 million
Discount/Premium
0.01%

Administrator, Advisor and Custodian

Administrator
Brown Brothers Harriman & Co.
Advisor
First Trust Advisors L.P.
Custodian
Brown Brothers Harriman & Co.
Distributor
First Trust Portfolios L.P.
Transfer Agent
Brown Brothers Harriman & Co.
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
N/A
Short Interest
994,200 shs

Miscellaneous

Beta
0.27
Creation Unit
50,000
Creation Fee
$500.00
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First Trust Preferred Securities and Income ETF Expenses

TypeFPEPreferred Stock ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.85%0.50%0.54%0.50%0.51%
Other Expenses0.00%0.24%0.54%0.64%0.58%
Total Expense0.85%0.53%0.70%0.74%0.70%
Fee Waiver0.00%0.00%-0.55%-0.68%-0.57%
Net Expense0.85%0.55%0.60%0.58%0.58%

First Trust Preferred Securities and Income ETF (FPE) Holdings & Exposure

Top 10 FPE Holdings

  • Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-
    Holding Weight: 2.43%
  • Barclays PLC 8%
    Holding Weight: 2.35%
  • Highlands Holdings Bond Issuer Limited / Highlands Holdings Bond Co-Issuer
    Holding Weight: 1.99%
  • JPMorgan Chase & Co. 6.875%
    Holding Weight: 1.80%
  • Intesa Sanpaolo S.p.A. 7.7%
    Holding Weight: 1.75%
  • Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L-
    Holding Weight: 1.52%
  • Algonquin Power & Utilities Corporation 4.75%
    Holding Weight: 1.51%
  • Global Atlantic Finance Co. 4.7%
    Holding Weight: 1.48%
  • Lloyds Banking Group PLC 8%
    Holding Weight: 1.40%
  • The Toronto-Dominion Bank 8.125%
    Holding Weight: 1.28%

FPE Sector Exposure

FPE Industry Exposure


FPE ETF - Frequently Asked Questions

How have FPE shares performed in 2024?

First Trust Preferred Securities and Income ETF's stock was trading at $16.86 on January 1st, 2024. Since then, FPE stock has increased by 1.0% and is now trading at $17.03.
View the best growth stocks for 2024 here
.

What does FPE invest in?

First Trust Preferred Securities and Income ETF is a equity fund issued by First Trust. FPE focuses on preferred stock investments. The fund's investments total to approximately $5.21 billion assets under management.

What is the management fee for First Trust Preferred Securities and Income ETF?

First Trust Preferred Securities and Income ETF's management fee is 0.85% and has no other recorded expenses or fee waivers. The net expense ratio for FPE is 0.85%.

What other stocks do shareholders of First Trust Preferred Securities and Income ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Preferred Securities and Income ETF investors own include Procter & Gamble (PG), Alibaba Group (BABA), Home Depot (HD), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Walt Disney (DIS), Intel (INTC), Verizon Communications (VZ) and CVS Health (CVS).

Who are First Trust Preferred Securities and Income ETF's major shareholders?

First Trust Preferred Securities and Income ETF's stock is owned by a variety of retail and institutional investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (1.76%), Raymond James & Associates (1.09%), Park National Corp OH (0.98%), Cambridge Investment Research Advisors Inc. (0.41%), Trinity Legacy Partners LLC (0.31%) and Gradient Investments LLC (0.26%).

How do I buy shares of First Trust Preferred Securities and Income ETF?

Shares of FPE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:FPE) was last updated on 4/26/2024 by MarketBeat.com Staff

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