First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) Shares Bought by Sigma Planning Corp

Sigma Planning Corp lifted its position in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 3.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,889 shares of the company’s stock after purchasing an additional 2,343 shares during the quarter. Sigma Planning Corp owned 0.11% of First Trust Institutional Preferred Securities and Income ETF worth $1,438,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in FPEI. Private Advisor Group LLC increased its holdings in First Trust Institutional Preferred Securities and Income ETF by 5.3% in the third quarter. Private Advisor Group LLC now owns 154,750 shares of the company’s stock valued at $2,951,000 after buying an additional 7,777 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of First Trust Institutional Preferred Securities and Income ETF by 140.1% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,000 shares of the company’s stock valued at $799,000 after acquiring an additional 24,508 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in shares of First Trust Institutional Preferred Securities and Income ETF in the 3rd quarter valued at about $209,000. J.W. Cole Advisors Inc. raised its holdings in First Trust Institutional Preferred Securities and Income ETF by 31.0% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 103,805 shares of the company’s stock worth $1,980,000 after purchasing an additional 24,555 shares during the period. Finally, Inscription Capital LLC boosted its position in First Trust Institutional Preferred Securities and Income ETF by 6.3% during the third quarter. Inscription Capital LLC now owns 35,217 shares of the company’s stock worth $672,000 after purchasing an additional 2,085 shares in the last quarter.

First Trust Institutional Preferred Securities and Income ETF Price Performance

Shares of FPEI opened at $18.76 on Tuesday. First Trust Institutional Preferred Securities and Income ETF has a 12 month low of $17.90 and a 12 month high of $19.11. The stock’s 50 day moving average is $18.72 and its two-hundred day moving average is $18.80.

About First Trust Institutional Preferred Securities and Income ETF

The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities.