Oppenheimer & Co. Inc. increased its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) by 9.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 399,630 shares of the company’s stock after buying an additional 33,383 shares during the period. Oppenheimer & Co. Inc. owned 0.13% of First Trust Preferred Securities and Income ETF worth $6,938,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Opal Wealth Advisors LLC bought a new stake in shares of First Trust Preferred Securities and Income ETF during the second quarter worth approximately $26,000. Bogart Wealth LLC acquired a new stake in First Trust Preferred Securities and Income ETF during the 1st quarter worth approximately $36,000. FSC Wealth Advisors LLC boosted its stake in First Trust Preferred Securities and Income ETF by 85.3% in the 2nd quarter. FSC Wealth Advisors LLC now owns 2,172 shares of the company’s stock valued at $38,000 after purchasing an additional 1,000 shares during the period. Indiana Trust & Investment Management CO acquired a new position in First Trust Preferred Securities and Income ETF in the 1st quarter valued at $44,000. Finally, Larson Financial Group LLC increased its position in First Trust Preferred Securities and Income ETF by 117.1% during the 2nd quarter. Larson Financial Group LLC now owns 2,672 shares of the company’s stock worth $46,000 after buying an additional 1,441 shares during the period.
First Trust Preferred Securities and Income ETF Price Performance
FPE opened at $17.98 on Friday. The stock has a fifty day moving average of $17.66 and a 200-day moving average of $17.40. First Trust Preferred Securities and Income ETF has a fifty-two week low of $15.46 and a fifty-two week high of $17.99.
About First Trust Preferred Securities and Income ETF
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.
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