Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $19.89 Million Stock Holdings in First Trust Preferred Securities and Income ETF $FPE

Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,117,589 shares of the company’s stock after buying an additional 41,683 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned approximately 0.33% of First Trust Preferred Securities and Income ETF worth $19,893,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of FPE. Key Client Fiduciary Advisors LLC acquired a new stake in First Trust Preferred Securities and Income ETF in the 1st quarter valued at approximately $190,000. Secure Asset Management LLC raised its position in First Trust Preferred Securities and Income ETF by 17.6% in the 1st quarter. Secure Asset Management LLC now owns 32,786 shares of the company’s stock valued at $577,000 after buying an additional 4,902 shares during the last quarter. Matrix Trust Co raised its position in First Trust Preferred Securities and Income ETF by 37.0% in the 1st quarter. Matrix Trust Co now owns 92,822 shares of the company’s stock valued at $1,633,000 after buying an additional 25,048 shares during the last quarter. Lake Street Private Wealth LLC raised its position in First Trust Preferred Securities and Income ETF by 10.5% in the 1st quarter. Lake Street Private Wealth LLC now owns 179,969 shares of the company’s stock valued at $3,166,000 after buying an additional 17,133 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in First Trust Preferred Securities and Income ETF by 42.0% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,465 shares of the company’s stock valued at $96,000 after buying an additional 1,616 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

FPE stock opened at $18.30 on Friday. The business has a 50 day moving average price of $18.13 and a two-hundred day moving average price of $17.75. First Trust Preferred Securities and Income ETF has a twelve month low of $16.77 and a twelve month high of $18.42.

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.