Kingsview Wealth Management LLC increased its position in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI – Free Report) by 13.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 255,039 shares of the company’s stock after buying an additional 29,319 shares during the quarter. Kingsview Wealth Management LLC’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $4,769,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC bought a new position in First Trust Institutional Preferred Securities and Income ETF during the third quarter valued at about $1,468,000. Park Avenue Securities LLC raised its holdings in First Trust Institutional Preferred Securities and Income ETF by 31.5% during the fourth quarter. Park Avenue Securities LLC now owns 86,415 shares of the company’s stock valued at $1,616,000 after buying an additional 20,723 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in First Trust Institutional Preferred Securities and Income ETF by 20.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 117,606 shares of the company’s stock valued at $2,199,000 after buying an additional 19,696 shares in the last quarter. MML Investors Services LLC raised its holdings in First Trust Institutional Preferred Securities and Income ETF by 21.8% during the third quarter. MML Investors Services LLC now owns 16,341 shares of the company’s stock valued at $312,000 after buying an additional 2,925 shares in the last quarter. Finally, US Bancorp DE raised its holdings in First Trust Institutional Preferred Securities and Income ETF by 52.3% during the third quarter. US Bancorp DE now owns 32,171 shares of the company’s stock valued at $614,000 after buying an additional 11,053 shares in the last quarter.
First Trust Institutional Preferred Securities and Income ETF Price Performance
Shares of NYSEARCA:FPEI opened at $18.80 on Friday. The stock’s 50-day moving average is $18.73 and its 200-day moving average is $18.77. First Trust Institutional Preferred Securities and Income ETF has a 52-week low of $17.89 and a 52-week high of $19.11.
First Trust Institutional Preferred Securities and Income ETF Company Profile
The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities.
Recommended Stories
- Five stocks we like better than First Trust Institutional Preferred Securities and Income ETF
- What Are Growth Stocks and Investing in Them
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
- What Does a Stock Split Mean?
- Why New Tariffs Could Boost These 3 Basic Materials Stocks
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- MarketBeat Week in Review – 02/03 – 02/07
Want to see what other hedge funds are holding FPEI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI – Free Report).
Receive News & Ratings for First Trust Institutional Preferred Securities and Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Institutional Preferred Securities and Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
