28,035 Shares in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Purchased by First Financial Group Corp

First Financial Group Corp purchased a new position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 28,035 shares of the company’s stock, valued at approximately $496,000.

A number of other hedge funds have also bought and sold shares of FPE. Raleigh Capital Management Inc. increased its holdings in First Trust Preferred Securities and Income ETF by 96.6% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,681 shares of the company’s stock valued at $30,000 after buying an additional 826 shares during the period. Promus Capital LLC bought a new position in First Trust Preferred Securities and Income ETF in the 4th quarter valued at about $35,000. ORG Partners LLC increased its holdings in First Trust Preferred Securities and Income ETF by 1,655.6% in the 4th quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock valued at $47,000 after buying an additional 2,500 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its holdings in First Trust Preferred Securities and Income ETF by 435.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,849 shares of the company’s stock valued at $68,000 after buying an additional 3,130 shares during the period. Finally, Ehrlich Financial Group bought a new position in First Trust Preferred Securities and Income ETF in the 4th quarter valued at about $181,000.

First Trust Preferred Securities and Income ETF Stock Performance

FPE opened at $17.66 on Friday. The company’s 50 day moving average is $17.76 and its 200-day moving average is $17.89. First Trust Preferred Securities and Income ETF has a 1-year low of $16.95 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.