First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Bought by Creative Planning

Creative Planning grew its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 32.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,869 shares of the company’s stock after buying an additional 3,669 shares during the quarter. Creative Planning’s holdings in First Trust Preferred Securities and Income ETF were worth $269,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ameliora Wealth Management Ltd. raised its holdings in First Trust Preferred Securities and Income ETF by 93.1% during the third quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock worth $26,000 after purchasing an additional 690 shares in the last quarter. Patten Group Inc. lifted its position in First Trust Preferred Securities and Income ETF by 1.2% in the second quarter. Patten Group Inc. now owns 78,132 shares of the company’s stock valued at $1,356,000 after acquiring an additional 961 shares during the last quarter. TRUE Private Wealth Advisors boosted its stake in First Trust Preferred Securities and Income ETF by 5.5% in the second quarter. TRUE Private Wealth Advisors now owns 18,936 shares of the company’s stock valued at $329,000 after acquiring an additional 983 shares in the last quarter. FSC Wealth Advisors LLC grew its holdings in shares of First Trust Preferred Securities and Income ETF by 85.3% during the second quarter. FSC Wealth Advisors LLC now owns 2,172 shares of the company’s stock worth $38,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Private Client Services LLC increased its position in shares of First Trust Preferred Securities and Income ETF by 0.6% during the second quarter. Private Client Services LLC now owns 169,583 shares of the company’s stock worth $2,944,000 after purchasing an additional 1,089 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

NYSEARCA:FPE opened at $18.10 on Friday. First Trust Preferred Securities and Income ETF has a 52-week low of $15.92 and a 52-week high of $18.23. The stock’s 50 day moving average price is $18.04 and its 200 day moving average price is $17.65.

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.