First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Stock Holdings Trimmed by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC lessened its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 22.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 16,865 shares of the company’s stock after selling 4,811 shares during the quarter. Daymark Wealth Partners LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $299,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. LPL Financial LLC raised its stake in First Trust Preferred Securities and Income ETF by 9.5% during the third quarter. LPL Financial LLC now owns 11,876,712 shares of the company’s stock worth $214,968,000 after acquiring an additional 1,035,105 shares during the period. HighTower Advisors LLC raised its position in shares of First Trust Preferred Securities and Income ETF by 5.0% during the 3rd quarter. HighTower Advisors LLC now owns 2,750,301 shares of the company’s stock worth $49,777,000 after purchasing an additional 131,536 shares during the period. Stifel Financial Corp lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 19.9% in the 3rd quarter. Stifel Financial Corp now owns 2,056,722 shares of the company’s stock worth $37,227,000 after purchasing an additional 341,396 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in First Trust Preferred Securities and Income ETF by 1.2% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 1,840,066 shares of the company’s stock valued at $33,290,000 after purchasing an additional 21,624 shares during the period. Finally, Prospera Financial Services Inc grew its stake in First Trust Preferred Securities and Income ETF by 15.7% during the 3rd quarter. Prospera Financial Services Inc now owns 1,622,012 shares of the company’s stock worth $29,362,000 after buying an additional 220,692 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Down 0.1 %

Shares of NYSEARCA FPE opened at $17.72 on Friday. First Trust Preferred Securities and Income ETF has a 1-year low of $16.95 and a 1-year high of $18.23. The business’s fifty day moving average price is $17.80 and its two-hundred day moving average price is $17.84.

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.