United Advisor Group LLC Buys 24,611 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

United Advisor Group LLC increased its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 21.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 138,615 shares of the company’s stock after acquiring an additional 24,611 shares during the quarter. United Advisor Group LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $2,509,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Opal Wealth Advisors LLC acquired a new position in shares of First Trust Preferred Securities and Income ETF in the second quarter valued at approximately $26,000. Ameliora Wealth Management Ltd. boosted its position in First Trust Preferred Securities and Income ETF by 93.1% during the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock worth $26,000 after acquiring an additional 690 shares during the last quarter. FSC Wealth Advisors LLC grew its stake in shares of First Trust Preferred Securities and Income ETF by 85.3% during the 2nd quarter. FSC Wealth Advisors LLC now owns 2,172 shares of the company’s stock worth $38,000 after acquiring an additional 1,000 shares in the last quarter. Larson Financial Group LLC raised its holdings in shares of First Trust Preferred Securities and Income ETF by 117.1% in the second quarter. Larson Financial Group LLC now owns 2,672 shares of the company’s stock valued at $46,000 after purchasing an additional 1,441 shares during the last quarter. Finally, Mattson Financial Services LLC bought a new stake in shares of First Trust Preferred Securities and Income ETF in the second quarter worth $46,000.

First Trust Preferred Securities and Income ETF Stock Up 0.6 %

First Trust Preferred Securities and Income ETF stock opened at $17.98 on Tuesday. The company has a fifty day simple moving average of $18.03 and a 200 day simple moving average of $17.62. First Trust Preferred Securities and Income ETF has a 1-year low of $15.92 and a 1-year high of $18.23.

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.