Jane Street Group LLC Acquires Shares of 76,998 First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI)

Jane Street Group LLC acquired a new stake in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) during the third quarter, HoldingsChannel reports. The firm acquired 76,998 shares of the company’s stock, valued at approximately $1,468,000.

Other institutional investors also recently bought and sold shares of the company. Zions Bancorporation N.A. acquired a new stake in First Trust Institutional Preferred Securities and Income ETF in the second quarter valued at about $92,000. International Assets Investment Management LLC acquired a new stake in First Trust Institutional Preferred Securities and Income ETF in the 2nd quarter valued at about $157,000. Northwestern Mutual Wealth Management Co. raised its position in shares of First Trust Institutional Preferred Securities and Income ETF by 82.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,645 shares of the company’s stock worth $196,000 after purchasing an additional 4,824 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in First Trust Institutional Preferred Securities and Income ETF during the 3rd quarter worth about $209,000. Finally, Balanced Rock Investment Advisors LLC acquired a new position in shares of First Trust Institutional Preferred Securities and Income ETF in the second quarter valued at approximately $219,000.

First Trust Institutional Preferred Securities and Income ETF Stock Down 0.1 %

Shares of NYSEARCA:FPEI opened at $18.70 on Friday. The business has a fifty day simple moving average of $18.81 and a 200-day simple moving average of $18.72. First Trust Institutional Preferred Securities and Income ETF has a 52 week low of $17.68 and a 52 week high of $19.11.

First Trust Institutional Preferred Securities and Income ETF 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.