SeaCrest Wealth Management LLC Increases Stock Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

SeaCrest Wealth Management LLC raised its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 33.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,863 shares of the company’s stock after buying an additional 6,554 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $458,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in FPE. Ameliora Wealth Management Ltd. raised its position in shares of First Trust Preferred Securities and Income ETF by 93.1% in the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after purchasing an additional 690 shares during the last quarter. Mattson Financial Services LLC acquired a new position in First Trust Preferred Securities and Income ETF during the 2nd quarter valued at approximately $46,000. ORG Partners LLC increased its stake in First Trust Preferred Securities and Income ETF by 1,655.6% during the 4th quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock valued at $47,000 after purchasing an additional 2,500 shares in the last quarter. FSC Wealth Advisors LLC raised its holdings in shares of First Trust Preferred Securities and Income ETF by 75.9% in the third quarter. FSC Wealth Advisors LLC now owns 3,820 shares of the company’s stock worth $69,000 after buying an additional 1,648 shares during the last quarter. Finally, Matrix Trust Co acquired a new stake in shares of First Trust Preferred Securities and Income ETF during the third quarter worth $173,000.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of FPE stock opened at $17.74 on Friday. The business has a fifty day moving average of $17.83 and a 200 day moving average of $17.83. First Trust Preferred Securities and Income ETF has a 1 year low of $16.82 and a 1 year high of $18.23.

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.