First Financial Group Corp purchased a new position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 28,035 shares of the company’s stock, valued at approximately $496,000.
A number of other institutional investors and hedge funds have also modified their holdings of FPE. Raleigh Capital Management Inc. increased its stake in First Trust Preferred Securities and Income ETF by 96.6% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,681 shares of the company’s stock valued at $30,000 after purchasing an additional 826 shares in the last quarter. Promus Capital LLC bought a new stake in First Trust Preferred Securities and Income ETF in the fourth quarter valued at approximately $35,000. ORG Partners LLC increased its stake in First Trust Preferred Securities and Income ETF by 1,655.6% in the fourth quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock valued at $47,000 after purchasing an additional 2,500 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in First Trust Preferred Securities and Income ETF by 435.3% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,849 shares of the company’s stock valued at $68,000 after purchasing an additional 3,130 shares in the last quarter. Finally, Ehrlich Financial Group bought a new stake in First Trust Preferred Securities and Income ETF in the fourth quarter valued at approximately $181,000.
First Trust Preferred Securities and Income ETF Stock Up 0.3 %
Shares of NYSEARCA:FPE opened at $17.66 on Friday. First Trust Preferred Securities and Income ETF has a 52 week low of $16.95 and a 52 week high of $18.23. The company has a 50 day moving average price of $17.76 and a two-hundred day moving average price of $17.89.
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.
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