Nilsine Partners LLC Invests $260,000 in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Nilsine Partners LLC purchased a new position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 14,685 shares of the company’s stock, valued at approximately $260,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FPE. International Assets Investment Management LLC lifted its holdings in First Trust Preferred Securities and Income ETF by 1,642.3% during the 3rd quarter. International Assets Investment Management LLC now owns 1,544,370 shares of the company’s stock worth $279,530,000 after buying an additional 1,455,731 shares in the last quarter. LPL Financial LLC lifted its stake 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 valued at $214,968,000 after acquiring an additional 1,035,105 shares during the period. Barclays PLC bought a new position in First Trust Preferred Securities and Income ETF in the third quarter valued at about $12,838,000. Advisory Alpha LLC acquired a new stake in First Trust Preferred Securities and Income ETF in the fourth quarter worth about $11,641,000. Finally, Seros Financial LLC bought a new stake in First Trust Preferred Securities and Income ETF during the 4th quarter worth about $6,962,000.

First Trust Preferred Securities and Income ETF Price Performance

Shares of NYSEARCA FPE opened at $17.73 on Thursday. 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’s 50-day moving average is $17.79 and its 200-day moving average is $17.85.

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.