First Trust Preferred Securities and Income ETF $FPE Shares Acquired by Seros Financial LLC

Seros Financial LLC raised its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 441,869 shares of the company’s stock after purchasing an additional 13,389 shares during the period. First Trust Preferred Securities and Income ETF makes up approximately 5.0% of Seros Financial LLC’s investment portfolio, making the stock its 9th biggest position. Seros Financial LLC owned 0.13% of First Trust Preferred Securities and Income ETF worth $7,865,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in FPE. Hazlett Burt & Watson Inc. acquired a new position in First Trust Preferred Securities and Income ETF during the first quarter valued at approximately $28,000. Bessemer Group Inc. acquired a new position in First Trust Preferred Securities and Income ETF during the first quarter valued at approximately $79,000. Capital Analysts LLC increased its holdings in shares of First Trust Preferred Securities and Income ETF by 13,641.0% during the first quarter. Capital Analysts LLC now owns 5,359 shares of the company’s stock worth $94,000 after buying an additional 5,320 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of First Trust Preferred Securities and Income ETF by 42.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,465 shares of the company’s stock worth $96,000 after buying an additional 1,616 shares in the last quarter. Finally, Mendota Financial Group LLC increased its holdings in shares of First Trust Preferred Securities and Income ETF by 20.7% during the first quarter. Mendota Financial Group LLC now owns 8,814 shares of the company’s stock worth $155,000 after buying an additional 1,513 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of NYSEARCA:FPE opened at $18.30 on Friday. The company has a fifty day moving average of $18.13 and a 200-day moving average of $17.75. First Trust Preferred Securities and Income ETF has a 52-week low of $16.77 and a 52-week 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.