First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Acquired by Glass Jacobson Investment Advisors llc

Glass Jacobson Investment Advisors llc increased its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 344,840 shares of the company’s stock after buying an additional 11,746 shares during the period. First Trust Preferred Securities and Income ETF accounts for about 2.0% of Glass Jacobson Investment Advisors llc’s holdings, making the stock its 2nd largest holding. Glass Jacobson Investment Advisors llc’s holdings in First Trust Preferred Securities and Income ETF were worth $6,104,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Raleigh Capital Management Inc. raised its holdings in shares of First Trust Preferred Securities and Income ETF by 96.6% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,681 shares of the company’s stock worth $30,000 after acquiring an additional 826 shares during the period. Promus Capital LLC acquired a new position in First Trust Preferred Securities and Income ETF in the 4th quarter valued at about $35,000. ORG Partners LLC grew its stake in shares of First Trust Preferred Securities and Income ETF by 1,655.6% in the 4th quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock valued at $47,000 after buying an additional 2,500 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings 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 acquiring an additional 3,130 shares during the last quarter. Finally, National Bank of Canada FI increased its stake in First Trust Preferred Securities and Income ETF by 55.8% during the fourth quarter. National Bank of Canada FI now owns 4,186 shares of the company’s stock worth $74,000 after acquiring an additional 1,500 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

NYSEARCA:FPE opened at $17.08 on Friday. First Trust Preferred Securities and Income ETF has a 52 week low of $16.77 and a 52 week high of $18.23. The stock’s fifty day moving average is $17.66 and its two-hundred day moving average is $17.82.

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.