Ballentine Partners LLC Makes New Investment in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Ballentine Partners LLC bought a new stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 11,080 shares of the company’s stock, valued at approximately $196,000.

Several other large investors have also recently made changes to their positions in the company. Ameliora Wealth Management Ltd. increased its position in shares of First Trust Preferred Securities and Income ETF by 93.1% in the third quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after buying an additional 690 shares in the last quarter. Mattson Financial Services LLC purchased a new stake in First Trust Preferred Securities and Income ETF in the 2nd quarter worth $46,000. ORG Partners LLC raised 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 period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in First Trust Preferred Securities and Income ETF by 435.3% during 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, FSC Wealth Advisors LLC grew its position in shares of First Trust Preferred Securities and Income ETF by 75.9% in the third quarter. FSC Wealth Advisors LLC now owns 3,820 shares of the company’s stock valued at $69,000 after purchasing an additional 1,648 shares during the period.

First Trust Preferred Securities and Income ETF Stock Down 0.1 %

Shares of First Trust Preferred Securities and Income ETF stock opened at $17.72 on Friday. First Trust Preferred Securities and Income ETF has a twelve month low of $16.95 and a twelve month high of $18.23. The firm’s 50-day moving average price is $17.80 and its 200 day moving average price is $17.84.

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.