Cwm LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) by 151.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,682 shares of the company’s stock after buying an additional 52,232 shares during the quarter. Cwm LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,579,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the business. Valmark Advisers Inc. lifted its holdings in First Trust Preferred Securities and Income ETF by 1.2% during the fourth quarter. Valmark Advisers Inc. now owns 275,237 shares of the company’s stock valued at $5,015,000 after purchasing an additional 3,188 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in First Trust Preferred Securities and Income ETF by 31.3% during the fourth quarter. Farther Finance Advisors LLC now owns 54,588 shares of the company’s stock valued at $995,000 after purchasing an additional 13,025 shares in the last quarter. Patten Group Inc. lifted its holdings in First Trust Preferred Securities and Income ETF by 40.2% during the fourth quarter. Patten Group Inc. now owns 109,209 shares of the company’s stock valued at $1,990,000 after purchasing an additional 31,339 shares in the last quarter. Fifth Third Securities Inc. lifted its holdings in First Trust Preferred Securities and Income ETF by 4.7% during the fourth quarter. Fifth Third Securities Inc. now owns 435,493 shares of the company’s stock valued at $7,935,000 after purchasing an additional 19,627 shares in the last quarter. Finally, Mainsail Financial Group LLC lifted its holdings in First Trust Preferred Securities and Income ETF by 1.6% during the fourth quarter. Mainsail Financial Group LLC now owns 137,531 shares of the company’s stock valued at $2,506,000 after purchasing an additional 2,207 shares in the last quarter.
First Trust Preferred Securities and Income ETF Stock Up 0.2%
FPE opened at $18.14 on Friday. First Trust Preferred Securities and Income ETF has a 52-week low of $17.25 and a 52-week high of $18.51. The firm’s fifty day simple moving average is $18.08 and its two-hundred day simple moving average is $18.22.
First Trust Preferred Securities and Income ETF Company 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. FPE was launched on Feb 12, 2013 and is managed by First Trust.
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