Barry Investment Advisors LLC Has $844,000 Stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Barry Investment Advisors LLC increased its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 107.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 47,675 shares of the company’s stock after buying an additional 24,674 shares during the quarter. Barry Investment Advisors LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $844,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of FPE. LPL Financial LLC grew its stake in First Trust Preferred Securities and Income ETF by 9.5% in the third quarter. LPL Financial LLC now owns 11,876,712 shares of the company’s stock valued at $214,968,000 after purchasing an additional 1,035,105 shares in the last quarter. HighTower Advisors LLC increased its stake in First Trust Preferred Securities and Income ETF by 5.0% during the 3rd quarter. HighTower Advisors LLC now owns 2,750,301 shares of the company’s stock worth $49,777,000 after acquiring an additional 131,536 shares during the period. Stifel Financial Corp increased its stake in shares of First Trust Preferred Securities and Income ETF by 19.9% in the 3rd quarter. Stifel Financial Corp now owns 2,056,722 shares of the company’s stock valued at $37,227,000 after purchasing an additional 341,396 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in First Trust Preferred Securities and Income ETF by 1.2% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 1,840,066 shares of the company’s stock worth $33,290,000 after acquiring an additional 21,624 shares during the last quarter. Finally, Prospera Financial Services Inc grew its position in First Trust Preferred Securities and Income ETF by 15.7% during the 3rd quarter. Prospera Financial Services Inc now owns 1,622,012 shares of the company’s stock worth $29,362,000 after acquiring an additional 220,692 shares during the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

Shares of FPE opened at $17.73 on Wednesday. The stock’s 50-day moving average price is $17.79 and its two-hundred day moving average price is $17.85. First Trust Preferred Securities and Income ETF has a 12 month low of $16.95 and a 12 month 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.