Kestra Advisory Services LLC Increases Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Kestra Advisory Services LLC boosted its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 8.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,476,663 shares of the company’s stock after purchasing an additional 198,154 shares during the period. Kestra Advisory Services LLC owned about 0.81% of First Trust Preferred Securities and Income ETF worth $43,837,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of FPE. Apollon Wealth Management LLC increased its holdings in First Trust Preferred Securities and Income ETF by 14.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 27,274 shares of the company’s stock valued at $494,000 after purchasing an additional 3,343 shares during the period. Agilis Partners LLC grew its holdings in shares of First Trust Preferred Securities and Income ETF by 1.0% during the 3rd quarter. Agilis Partners LLC now owns 200,235 shares of the company’s stock worth $3,624,000 after acquiring an additional 2,016 shares during the period. SRS Capital Advisors Inc. grew its holdings in shares of First Trust Preferred Securities and Income ETF by 4.1% during the 3rd quarter. SRS Capital Advisors Inc. now owns 1,531,988 shares of the company’s stock worth $27,729,000 after acquiring an additional 59,919 shares during the period. Thrivent Financial for Lutherans grew its holdings in shares of First Trust Preferred Securities and Income ETF by 12.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 14,838 shares of the company’s stock worth $269,000 after acquiring an additional 1,696 shares during the period. Finally, Prospera Financial Services Inc grew its holdings in shares of 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 period.

First Trust Preferred Securities and Income ETF Trading Up 0.3 %

FPE stock opened at $17.66 on Friday. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.95 and a fifty-two week high of $18.23. The business’s 50 day moving average price is $17.76 and its two-hundred day moving average price is $17.89.

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.