Atria Wealth Solutions Inc. Sells 6,106 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Atria Wealth Solutions Inc. lowered its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 158,328 shares of the company’s stock after selling 6,106 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $2,669,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. UBS Group AG boosted its position in First Trust Preferred Securities and Income ETF by 1.1% in the third quarter. UBS Group AG now owns 9,900,363 shares of the company’s stock worth $158,109,000 after purchasing an additional 109,938 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in First Trust Preferred Securities and Income ETF by 0.7% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 5,328,057 shares of the company’s stock worth $85,089,000 after purchasing an additional 38,562 shares during the last quarter. Raymond James & Associates boosted its position in First Trust Preferred Securities and Income ETF by 5.8% in the fourth quarter. Raymond James & Associates now owns 3,102,085 shares of the company’s stock worth $52,301,000 after purchasing an additional 169,272 shares during the last quarter. HighTower Advisors LLC purchased a new position in First Trust Preferred Securities and Income ETF in the third quarter worth $41,204,000. Finally, Stifel Financial Corp lifted its position in shares of First Trust Preferred Securities and Income ETF by 1.6% during the 3rd quarter. Stifel Financial Corp now owns 2,418,800 shares of the company’s stock valued at $38,628,000 after buying an additional 38,411 shares during the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

Shares of NYSEARCA FPE opened at $17.03 on Monday. First Trust Preferred Securities and Income ETF has a one year low of $15.45 and a one year high of $17.45. The business’s fifty day moving average price is $17.21 and its 200-day moving average price is $16.75.

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.