First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Bought by Csenge Advisory Group

Csenge Advisory Group increased its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 6.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 590,066 shares of the company’s stock after acquiring an additional 37,050 shares during the quarter. First Trust Preferred Securities and Income ETF makes up 0.6% of Csenge Advisory Group’s portfolio, making the stock its 28th biggest position. Csenge Advisory Group owned 0.19% of First Trust Preferred Securities and Income ETF worth $10,444,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Perigon Wealth Management LLC acquired a new position in shares of First Trust Preferred Securities and Income ETF in the fourth quarter worth about $219,000. Atomi Financial Group Inc. acquired a new stake in First Trust Preferred Securities and Income ETF during the fourth quarter valued at approximately $232,000. Creative Planning raised its stake in First Trust Preferred Securities and Income ETF by 32.8% during the third quarter. Creative Planning now owns 14,869 shares of the company’s stock valued at $269,000 after buying an additional 3,669 shares in the last quarter. Farther Finance Advisors LLC raised its stake in First Trust Preferred Securities and Income ETF by 5.8% during the third quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock valued at $184,000 after buying an additional 559 shares in the last quarter. Finally, Acorn Wealth Advisors LLC acquired a new stake in First Trust Preferred Securities and Income ETF during the third quarter valued at approximately $318,000.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of NYSEARCA FPE opened at $17.85 on Friday. The stock’s 50 day moving average price is $17.76 and its two-hundred day moving average price is $17.87. First Trust Preferred Securities and Income ETF has a 52-week low of $16.95 and a 52-week high of $18.23.

First Trust Preferred Securities and Income ETF 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.