First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) Shares Bought by Integral Investment Advisors Inc.

Integral Investment Advisors Inc. increased its holdings in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 49.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 422,190 shares of the company’s stock after acquiring an additional 139,757 shares during the period. First Trust Institutional Preferred Securities and Income ETF makes up about 2.6% of Integral Investment Advisors Inc.’s portfolio, making the stock its 14th largest holding. Integral Investment Advisors Inc.’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $7,895,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Global Retirement Partners LLC boosted its holdings in First Trust Institutional Preferred Securities and Income ETF by 151.5% in the 4th quarter. Global Retirement Partners LLC now owns 3,036 shares of the company’s stock worth $57,000 after buying an additional 1,829 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in First Trust Institutional Preferred Securities and Income ETF in the 3rd quarter valued at approximately $209,000. Fiduciary Trust Co acquired a new stake in First Trust Institutional Preferred Securities and Income ETF in the 3rd quarter valued at approximately $263,000. Hobbs Group Advisors LLC acquired a new position in shares of First Trust Institutional Preferred Securities and Income ETF in the third quarter worth $289,000. Finally, Ameritas Advisory Services LLC acquired a new position in shares of First Trust Institutional Preferred Securities and Income ETF in the fourth quarter worth $299,000.

First Trust Institutional Preferred Securities and Income ETF Trading Down 0.3 %

Shares of FPEI stock opened at $18.79 on Friday. 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 firm has a fifty day moving average price of $18.72 and a 200 day moving average price of $18.80.

First Trust Institutional Preferred Securities and Income ETF Profile

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.