Wedmont Private Capital bought a new stake in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 10,053 shares of the company’s stock, valued at approximately $186,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. acquired a new stake in shares of First Trust Institutional Preferred Securities and Income ETF in the 4th quarter worth approximately $45,000. Silver Oak Securities Incorporated acquired a new position in shares of First Trust Institutional Preferred Securities and Income ETF during the fourth quarter valued at approximately $185,000. Csenge Advisory Group raised its holdings in First Trust Institutional Preferred Securities and Income ETF by 8.6% during the first quarter. Csenge Advisory Group now owns 10,938 shares of the company’s stock worth $199,000 after purchasing an additional 866 shares in the last quarter. Accel Wealth Management acquired a new stake in First Trust Institutional Preferred Securities and Income ETF in the second quarter worth approximately $222,000. Finally, ARS Wealth Advisors Group LLC bought a new position in First Trust Institutional Preferred Securities and Income ETF during the 4th quarter valued at $253,000.
First Trust Institutional Preferred Securities and Income ETF Trading Up 0.3 %
Shares of FPEI stock opened at $18.56 on Wednesday. First Trust Institutional Preferred Securities and Income ETF has a 1 year low of $16.44 and a 1 year high of $18.69. The business’s fifty day moving average is $18.44 and its 200-day moving average is $18.23.
About First Trust Institutional Preferred Securities and Income ETF
The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities.
Recommended Stories
- Five stocks we like better than First Trust Institutional Preferred Securities and Income ETF
- 3 Small Caps With Big Return Potential
- Chipotle Mexican Grill: Take a Bite of This Smoking Hot Deal
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- Why O’Reilly Automotive Stock Could Be a Long-Term Winner
- Insider Selling Explained: Can it Inform Your Investing Choices?
- Hut 8 Corp.’s Earnings: Is Crypto Mining About to Change?
Want to see what other hedge funds are holding FPEI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI – Free Report).
Receive News & Ratings for First Trust Institutional Preferred Securities and Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Institutional Preferred Securities and Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.