Everpar Advisors LLC Takes $525,000 Position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Everpar Advisors LLC bought a new position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 31,164 shares of the company’s stock, valued at approximately $525,000.

A number of other institutional investors also recently modified their holdings of FPE. J.W. Cole Advisors Inc. lifted its holdings in First Trust Preferred Securities and Income ETF by 1.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 78,371 shares of the company’s stock worth $1,321,000 after buying an additional 759 shares during the period. Cedrus LLC lifted its holdings in First Trust Preferred Securities and Income ETF by 0.8% in the fourth quarter. Cedrus LLC now owns 101,440 shares of the company’s stock worth $1,710,000 after buying an additional 815 shares during the period. Wagner Wealth Management LLC lifted its holdings in First Trust Preferred Securities and Income ETF by 4.9% in the fourth quarter. Wagner Wealth Management LLC now owns 20,866 shares of the company’s stock worth $352,000 after buying an additional 972 shares during the period. Private Trust Co. NA lifted its holdings in First Trust Preferred Securities and Income ETF by 1.0% in the fourth quarter. Private Trust Co. NA now owns 101,692 shares of the company’s stock worth $1,715,000 after buying an additional 1,052 shares during the period. Finally, PCG Wealth Advisors LLC lifted its holdings in First Trust Preferred Securities and Income ETF by 5.2% in the fourth quarter. PCG Wealth Advisors LLC now owns 21,862 shares of the company’s stock worth $369,000 after buying an additional 1,089 shares during the period.

First Trust Preferred Securities and Income ETF Stock Performance

FPE traded up $0.02 on Tuesday, hitting $17.32. The company had a trading volume of 1,011,142 shares, compared to its average volume of 1,383,607. First Trust Preferred Securities and Income ETF has a 52-week low of $15.46 and a 52-week high of $17.45. The stock has a fifty day simple moving average of $17.21 and a 200-day simple moving average of $16.82.

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.