Park National Corp OH Has $33.13 Million Position in First Trust Preferred Securities and Income ETF $FPE

Park National Corp OH lifted its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 4.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,866,242 shares of the company’s stock after acquiring an additional 85,821 shares during the period. First Trust Preferred Securities and Income ETF makes up about 1.0% of Park National Corp OH’s portfolio, making the stock its 29th largest holding. Park National Corp OH’s holdings in First Trust Preferred Securities and Income ETF were worth $33,126,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Brown Brothers Harriman & Co. bought a new position in First Trust Preferred Securities and Income ETF in the fourth quarter valued at approximately $39,000. Rossby Financial LCC raised its position in First Trust Preferred Securities and Income ETF by 469.7% during the third quarter. Rossby Financial LCC now owns 2,347 shares of the company’s stock valued at $43,000 after purchasing an additional 1,935 shares in the last quarter. Ameriflex Group Inc. lifted its stake in First Trust Preferred Securities and Income ETF by 339.3% during the third quarter. Ameriflex Group Inc. now owns 2,372 shares of the company’s stock worth $43,000 after purchasing an additional 1,832 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in First Trust Preferred Securities and Income ETF during the fourth quarter worth $45,000. Finally, Raleigh Capital Management Inc. lifted its stake in First Trust Preferred Securities and Income ETF by 42.8% during the fourth quarter. Raleigh Capital Management Inc. now owns 2,507 shares of the company’s stock worth $46,000 after purchasing an additional 752 shares during the last quarter.

First Trust Preferred Securities and Income ETF Price Performance

Shares of FPE stock opened at $17.99 on Friday. The stock’s fifty day moving average price is $18.03 and its two-hundred day moving average price is $18.14. First Trust Preferred Securities and Income ETF has a fifty-two week low of $17.54 and a fifty-two week high of $18.51.

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