Fifth Third Securities Inc. Acquires 75,116 Shares of First Trust Preferred Securities and Income ETF $FPE

Fifth Third Securities Inc. raised its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 15.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 556,695 shares of the company’s stock after acquiring an additional 75,116 shares during the quarter. Fifth Third Securities Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $9,492,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in FPE. QP Wealth Management LLC boosted its holdings in shares of First Trust Preferred Securities and Income ETF by 3.8% during the third quarter. QP Wealth Management LLC now owns 24,755 shares of the company’s stock worth $422,000 after purchasing an additional 915 shares during the period. Newman Dignan & Sheerar Inc. grew its position in First Trust Preferred Securities and Income ETF by 4.7% during the third quarter. Newman Dignan & Sheerar Inc. now owns 501,318 shares of the company’s stock valued at $8,547,000 after purchasing an additional 22,333 shares in the last quarter. Parkside Investments LLC increased its stake in First Trust Preferred Securities and Income ETF by 6.9% in the 3rd quarter. Parkside Investments LLC now owns 1,091,994 shares of the company’s stock valued at $18,618,000 after buying an additional 70,863 shares during the period. Milestones Private Investment Advisors LLC increased its stake in First Trust Preferred Securities and Income ETF by 0.4% in the 3rd quarter. Milestones Private Investment Advisors LLC now owns 147,334 shares of the company’s stock valued at $2,512,000 after buying an additional 650 shares during the period. Finally, Blue Zone Wealth Advisors LLC increased its stake in First Trust Preferred Securities and Income ETF by 5.7% in the 3rd quarter. Blue Zone Wealth Advisors LLC now owns 12,323 shares of the company’s stock valued at $210,000 after buying an additional 661 shares during the period.

First Trust Preferred Securities and Income ETF Stock Down 0.5%

FPE stock traded down $0.08 during midday trading on Wednesday, reaching $16.97. The company had a trading volume of 690,921 shares, compared to its average volume of 1,358,020. First Trust Preferred Securities and Income ETF has a 1 year low of $16.94 and a 1 year high of $18.48. The company has a 50 day moving average of $17.42 and a two-hundred day moving average of $17.77.

About First Trust Preferred Securities and Income ETF

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. FPE was launched on Feb 12, 2013 and is managed by First Trust.