Ashton Thomas Private Wealth LLC Has $13.67 Million Stock Holdings in First Trust Preferred Securities and Income ETF $FPE

Ashton Thomas Private Wealth LLC increased its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 9.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 749,986 shares of the company’s stock after buying an additional 64,968 shares during the quarter. Ashton Thomas Private Wealth LLC owned 0.21% of First Trust Preferred Securities and Income ETF worth $13,665,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in FPE. Jane Street Group LLC grew its position in First Trust Preferred Securities and Income ETF by 53.0% during the first quarter. Jane Street Group LLC now owns 262,995 shares of the company’s stock worth $4,626,000 after buying an additional 91,118 shares in the last quarter. First Trust Advisors LP boosted its holdings in First Trust Preferred Securities and Income ETF by 0.9% during the second quarter. First Trust Advisors LP now owns 163,544 shares of the company’s stock valued at $2,911,000 after purchasing an additional 1,496 shares in the last quarter. Qube Research & Technologies Ltd acquired a new stake in First Trust Preferred Securities and Income ETF during the second quarter valued at approximately $249,000. NewEdge Advisors LLC boosted its holdings in First Trust Preferred Securities and Income ETF by 2.5% during the second quarter. NewEdge Advisors LLC now owns 371,865 shares of the company’s stock valued at $6,619,000 after purchasing an additional 9,236 shares in the last quarter. Finally, Quantinno Capital Management LP bought a new position in shares of First Trust Preferred Securities and Income ETF in the second quarter valued at approximately $263,000.

First Trust Preferred Securities and Income ETF Stock Performance

NYSEARCA:FPE opened at $18.14 on Monday. The firm has a 50 day moving average of $18.08 and a 200-day moving average of $18.22. First Trust Preferred Securities and Income ETF has a 1 year low of $17.25 and a 1 year high of $18.51.

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. FPE was launched on Feb 12, 2013 and is managed by First Trust.