First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Aspen Wealth Strategies LLC

Aspen Wealth Strategies LLC lessened its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 2.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 54,186 shares of the company’s stock after selling 1,471 shares during the quarter. Aspen Wealth Strategies LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $914,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp raised its holdings in First Trust Preferred Securities and Income ETF by 20.0% in the first quarter. Bank of New York Mellon Corp now owns 36,572 shares of the company’s stock valued at $696,000 after acquiring an additional 6,095 shares in the last quarter. Bank of Montreal Can raised its holdings in First Trust Preferred Securities and Income ETF by 14.9% in the first quarter. Bank of Montreal Can now owns 271,002 shares of the company’s stock valued at $5,149,000 after acquiring an additional 35,120 shares in the last quarter. Synovus Financial Corp raised its holdings in First Trust Preferred Securities and Income ETF by 12.2% in the first quarter. Synovus Financial Corp now owns 86,767 shares of the company’s stock valued at $1,651,000 after acquiring an additional 9,418 shares in the last quarter. Baird Financial Group Inc. raised its holdings in First Trust Preferred Securities and Income ETF by 9.4% in the first quarter. Baird Financial Group Inc. now owns 1,768,430 shares of the company’s stock valued at $33,636,000 after acquiring an additional 152,045 shares in the last quarter. Finally, Mather Group LLC. acquired a new stake in First Trust Preferred Securities and Income ETF in the first quarter valued at approximately $425,000.

First Trust Preferred Securities and Income ETF Stock Down 0.3 %

NYSEARCA:FPE traded down $0.05 during mid-day trading on Tuesday, hitting $16.96. The stock had a trading volume of 1,362,531 shares, compared to its average volume of 1,458,499. The stock has a 50-day simple moving average of $17.21 and a two-hundred day simple moving average of $16.67. First Trust Preferred Securities and Income ETF has a twelve month low of $15.45 and a twelve month high of $17.45.

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.