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

Icon Wealth Advisors LLC decreased its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.5% during the 3rd quarter, Holdings Channel reports. The fund owned 162,868 shares of the company’s stock after selling 5,926 shares during the quarter. Icon Wealth Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $2,948,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC grew its position in shares of First Trust Preferred Securities and Income ETF by 1,642.3% during the third quarter. International Assets Investment Management LLC now owns 1,544,370 shares of the company’s stock worth $279,530,000 after acquiring an additional 1,455,731 shares during the last quarter. LPL Financial LLC grew its position in shares of First Trust Preferred Securities and Income ETF by 9.5% during the third quarter. LPL Financial LLC now owns 11,876,712 shares of the company’s stock worth $214,968,000 after acquiring an additional 1,035,105 shares during the last quarter. Cetera Investment Advisers grew its position in shares of First Trust Preferred Securities and Income ETF by 194.9% during the first quarter. Cetera Investment Advisers now owns 1,141,966 shares of the company’s stock worth $19,779,000 after acquiring an additional 754,718 shares during the last quarter. Ameritas Investment Partners Inc. grew its position in shares of First Trust Preferred Securities and Income ETF by 1,275.1% during the second quarter. Ameritas Investment Partners Inc. now owns 410,145 shares of the company’s stock worth $7,120,000 after acquiring an additional 380,318 shares during the last quarter. Finally, Advisory Alpha LLC grew its position in First Trust Preferred Securities and Income ETF by 150.3% in the 2nd quarter. Advisory Alpha LLC now owns 552,002 shares of the company’s stock valued at $9,583,000 after buying an additional 331,469 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of NYSEARCA FPE opened at $17.87 on Friday. First Trust Preferred Securities and Income ETF has a one year low of $16.16 and a one year high of $18.23. The company’s fifty day moving average is $18.03 and its two-hundred day moving average is $17.72.

First Trust Preferred Securities and Income ETF Company 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.