First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) Shares Bought by Trustmark National Bank Trust Department

Trustmark National Bank Trust Department boosted its holdings in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 4.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,590 shares of the company’s stock after acquiring an additional 1,331 shares during the quarter. Trustmark National Bank Trust Department’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $564,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Citizens Financial Group Inc. RI boosted its position in shares of First Trust Institutional Preferred Securities and Income ETF by 38.5% during the third quarter. Citizens Financial Group Inc. RI now owns 617,850 shares of the company’s stock worth $11,782,000 after buying an additional 171,730 shares during the period. Prospera Financial Services Inc boosted its position in shares of First Trust Institutional Preferred Securities and Income ETF by 3.8% during the third quarter. Prospera Financial Services Inc now owns 42,842 shares of the company’s stock worth $817,000 after buying an additional 1,556 shares during the period. Main Street Financial Solutions LLC boosted its position in shares of First Trust Institutional Preferred Securities and Income ETF by 28.2% during the third quarter. Main Street Financial Solutions LLC now owns 25,896 shares of the company’s stock worth $494,000 after buying an additional 5,693 shares during the period. Ashton Thomas Private Wealth LLC boosted its position in shares of First Trust Institutional Preferred Securities and Income ETF by 6.6% during the third quarter. Ashton Thomas Private Wealth LLC now owns 52,924 shares of the company’s stock worth $1,009,000 after buying an additional 3,263 shares during the period. Finally, Jaffetilchin Investment Partners LLC boosted its position in shares of First Trust Institutional Preferred Securities and Income ETF by 1.2% during the third quarter. Jaffetilchin Investment Partners LLC now owns 44,969 shares of the company’s stock worth $858,000 after buying an additional 537 shares during the period.

First Trust Institutional Preferred Securities and Income ETF Stock Performance

NYSEARCA:FPEI opened at $18.73 on Friday. The stock has a fifty day moving average price of $18.92 and a 200 day moving average price of $18.63. First Trust Institutional Preferred Securities and Income ETF has a 12-month low of $17.03 and a 12-month high of $19.11.

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.