First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Purchased by Blackhawk Capital Partners LLC.

Blackhawk Capital Partners LLC. grew its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 5.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 145,091 shares of the company’s stock after buying an additional 6,944 shares during the period. First Trust Preferred Securities and Income ETF accounts for 1.4% of Blackhawk Capital Partners LLC.’s investment portfolio, making the stock its 17th largest holding. Blackhawk Capital Partners LLC.’s holdings in First Trust Preferred Securities and Income ETF were worth $2,626,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the stock. Ameliora Wealth Management Ltd. lifted its stake in First Trust Preferred Securities and Income ETF by 93.1% in the third quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after buying an additional 690 shares during the last quarter. Opal Wealth Advisors LLC purchased a new stake in shares of First Trust Preferred Securities and Income ETF during the second quarter worth approximately $26,000. FSC Wealth Advisors LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 85.3% during the second quarter. FSC Wealth Advisors LLC now owns 2,172 shares of the company’s stock worth $38,000 after purchasing an additional 1,000 shares during the period. Mattson Financial Services LLC purchased a new position in First Trust Preferred Securities and Income ETF in the 2nd quarter valued at $46,000. Finally, Larson Financial Group LLC increased its stake in First Trust Preferred Securities and Income ETF by 117.1% in the 2nd quarter. Larson Financial Group LLC now owns 2,672 shares of the company’s stock valued at $46,000 after buying an additional 1,441 shares during the period.

First Trust Preferred Securities and Income ETF Stock Performance

FPE stock opened at $17.89 on Thursday. First Trust Preferred Securities and Income ETF has a one year low of $16.09 and a one year high of $18.23. The company has a fifty day moving average of $18.06 and a 200-day moving average of $17.69.

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.