First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Stock Holdings Reduced by Cooper Financial Group

Cooper Financial Group reduced its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 11.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 45,439 shares of the company’s stock after selling 5,621 shares during the quarter. Cooper Financial Group’s holdings in First Trust Preferred Securities and Income ETF were worth $804,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FPE. Ameliora Wealth Management Ltd. increased its holdings in First Trust Preferred Securities and Income ETF by 93.1% in the third quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock worth $26,000 after buying an additional 690 shares during the last quarter. Mattson Financial Services LLC bought a new stake in First Trust Preferred Securities and Income ETF in the second quarter worth approximately $46,000. ORG Partners LLC increased its stake in shares of First Trust Preferred Securities and Income ETF by 1,655.6% during the 4th quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock worth $47,000 after purchasing an additional 2,500 shares during the last quarter. FSC Wealth Advisors LLC raised its holdings in shares of First Trust Preferred Securities and Income ETF by 75.9% during the 3rd quarter. FSC Wealth Advisors LLC now owns 3,820 shares of the company’s stock valued at $69,000 after purchasing an additional 1,648 shares in the last quarter. Finally, Matrix Trust Co acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the 3rd quarter valued at $173,000.

First Trust Preferred Securities and Income ETF Price Performance

First Trust Preferred Securities and Income ETF stock opened at $17.53 on Tuesday. First Trust Preferred Securities and Income ETF has a one year low of $16.82 and a one year high of $18.23. The company’s fifty day moving average price is $17.85 and its two-hundred day moving average price is $17.83.

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.