TI Trust Inc. Has $362,000 Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

TI Trust Inc. increased its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 7.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 20,474 shares of the company’s stock after acquiring an additional 1,454 shares during the period. TI Trust Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $362,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 3.0% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 1,093,365 shares of the company’s stock valued at $19,353,000 after acquiring an additional 32,231 shares during the period. Affinity Wealth Management LLC increased its position in shares of First Trust Preferred Securities and Income ETF by 3.5% during the 4th quarter. Affinity Wealth Management LLC now owns 1,375,206 shares of the company’s stock worth $24,341,000 after purchasing an additional 46,652 shares in the last quarter. Park Edge Advisors LLC lifted its holdings in First Trust Preferred Securities and Income ETF by 12.5% during the 4th quarter. Park Edge Advisors LLC now owns 20,639 shares of the company’s stock valued at $365,000 after purchasing an additional 2,295 shares during the last quarter. Toth Financial Advisory Corp boosted its position in First Trust Preferred Securities and Income ETF by 2.1% in the fourth quarter. Toth Financial Advisory Corp now owns 165,464 shares of the company’s stock valued at $2,929,000 after buying an additional 3,461 shares in the last quarter. Finally, Geneos Wealth Management Inc. bought a new stake in First Trust Preferred Securities and Income ETF during the fourth quarter worth about $609,000.

First Trust Preferred Securities and Income ETF Trading Down 0.1 %

NYSEARCA:FPE opened at $17.72 on Monday. First Trust Preferred Securities and Income ETF has a 1 year low of $16.95 and a 1 year high of $18.23. The firm has a 50 day moving average of $17.80 and a 200-day moving average of $17.85.

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.