First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Purchased by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,093,365 shares of the company’s stock after purchasing an additional 32,231 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned 0.36% of First Trust Preferred Securities and Income ETF worth $19,353,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ameliora Wealth Management Ltd. raised its stake in First Trust Preferred Securities and Income ETF by 93.1% in the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after purchasing an additional 690 shares during the last quarter. Raleigh Capital Management Inc. raised its position in shares of 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 buying an additional 826 shares during the last quarter. Mattson Financial Services LLC purchased a new position in shares of First Trust Preferred Securities and Income ETF during the second quarter valued at approximately $46,000. ORG Partners LLC boosted its position in First Trust Preferred Securities and Income ETF by 1,655.6% during the fourth quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock worth $47,000 after acquiring an additional 2,500 shares during the last quarter. Finally, FSC Wealth Advisors LLC grew its stake in First Trust Preferred Securities and Income ETF by 75.9% in the 3rd quarter. FSC Wealth Advisors LLC now owns 3,820 shares of the company’s stock worth $69,000 after acquiring an additional 1,648 shares during the period.

First Trust Preferred Securities and Income ETF Trading Down 0.1 %

Shares of FPE opened at $17.72 on Monday. 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 stock has a fifty day moving average of $17.80 and a two-hundred day moving average of $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.