Janney Montgomery Scott LLC Decreases Holdings in FT Energy Income Partners Enhanced Income ETF $EIPI

Janney Montgomery Scott LLC trimmed its stake in FT Energy Income Partners Enhanced Income ETF (NYSEARCA:EIPI) by 4.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,418 shares of the company’s stock after selling 998 shares during the period. Janney Montgomery Scott LLC’s holdings in FT Energy Income Partners Enhanced Income ETF were worth $422,000 at the end of the most recent reporting period.

Separately, Wayfinding Financial LLC purchased a new stake in shares of FT Energy Income Partners Enhanced Income ETF in the 1st quarter worth $47,000.

FT Energy Income Partners Enhanced Income ETF Price Performance

NYSEARCA:EIPI opened at $19.55 on Friday. The firm has a market capitalization of $928.43 million and a price-to-earnings ratio of 16.58. The business has a fifty day moving average price of $19.75 and a 200-day moving average price of $19.53. FT Energy Income Partners Enhanced Income ETF has a one year low of $17.40 and a one year high of $20.90.

FT Energy Income Partners Enhanced Income ETF Profile

The FT Energy Income Partners Enhanced Income ETF (EIPI) is an exchange-traded fund that mostly invests in energy equity. The fund is an actively managed fund that seeks total return with a focus on distributions. The fund invests globally within the broader energy market, while combining both covered and naked call options writing strategies to enhance income.