First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Stock Holdings Lifted by Triumph Capital Management

Triumph Capital Management grew its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 1.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 326,774 shares of the company’s stock after purchasing an additional 5,099 shares during the period. First Trust Preferred Securities and Income ETF makes up approximately 2.0% of Triumph Capital Management’s portfolio, making the stock its 8th biggest holding. Triumph Capital Management owned about 0.11% of First Trust Preferred Securities and Income ETF worth $5,784,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Comerica Bank increased its position in First Trust Preferred Securities and Income ETF by 12.1% during the 4th quarter. Comerica Bank now owns 490,716 shares of the company’s stock worth $8,686,000 after purchasing an additional 52,961 shares during the period. Prosperity Consulting Group LLC grew its holdings in First Trust Preferred Securities and Income ETF by 59.3% during the fourth quarter. Prosperity Consulting Group LLC now owns 160,016 shares of the company’s stock worth $2,832,000 after acquiring an additional 59,589 shares during the period. Topsail Wealth Management LLC acquired a new position in First Trust Preferred Securities and Income ETF during the fourth quarter worth $384,000. Harvest Investment Services LLC raised its position in First Trust Preferred Securities and Income ETF by 30.1% in the fourth quarter. Harvest Investment Services LLC now owns 90,579 shares of the company’s stock worth $1,603,000 after acquiring an additional 20,958 shares in the last quarter. Finally, Stifel Financial Corp lifted its holdings in First Trust Preferred Securities and Income ETF by 1.4% in the fourth quarter. Stifel Financial Corp now owns 2,086,331 shares of the company’s stock valued at $36,928,000 after acquiring an additional 29,609 shares during the period.

First Trust Preferred Securities and Income ETF Stock Up 0.2%

NYSEARCA:FPE opened at $17.58 on Friday. The firm’s fifty day simple moving average is $17.41 and its 200-day simple moving average is $17.68. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.77 and a fifty-two week high of $18.23.

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.