First Trust Preferred Securities and Income ETF $FPE Stock Acquired by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC raised its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 11.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,219,425 shares of the company’s stock after purchasing an additional 127,065 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $20,791,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FPE. Principle Wealth Partners LLC boosted its position in First Trust Preferred Securities and Income ETF by 21.3% in the 3rd quarter. Principle Wealth Partners LLC now owns 33,000 shares of the company’s stock valued at $563,000 after buying an additional 5,800 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in First Trust Preferred Securities and Income ETF by 1.8% during the third quarter. Kestra Advisory Services LLC now owns 2,466,108 shares of the company’s stock valued at $42,047,000 after acquiring an additional 44,777 shares during the period. Commonwealth Equity Services LLC bought a new position in shares of First Trust Preferred Securities and Income ETF during the third quarter valued at approximately $18,838,000. Chicago Partners Investment Group LLC lifted its stake in shares of First Trust Preferred Securities and Income ETF by 14.8% in the third quarter. Chicago Partners Investment Group LLC now owns 572,757 shares of the company’s stock worth $9,674,000 after buying an additional 73,627 shares in the last quarter. Finally, Compass Financial Management LLC boosted its stake in First Trust Preferred Securities and Income ETF by 3.6% during the 3rd quarter. Compass Financial Management LLC now owns 147,015 shares of the company’s stock worth $2,507,000 after purchasing an additional 5,175 shares during the period.

First Trust Preferred Securities and Income ETF Price Performance

FPE opened at $17.09 on Friday. The stock’s fifty day moving average is $17.22 and its 200-day moving average is $17.82. First Trust Preferred Securities and Income ETF has a one year low of $16.87 and a one year high of $18.48.

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.