Park National Corp OH Buys 48,580 Shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI)

Park National Corp OH boosted its stake in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 391.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 60,980 shares of the company’s stock after purchasing an additional 48,580 shares during the quarter. Park National Corp OH’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $1,140,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Private Advisor Group LLC boosted its position in shares of First Trust Institutional Preferred Securities and Income ETF by 7.1% during the 2nd quarter. Private Advisor Group LLC now owns 146,973 shares of the company’s stock worth $2,700,000 after purchasing an additional 9,784 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its stake in First Trust Institutional Preferred Securities and Income ETF by 7.0% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 49,661 shares of the company’s stock worth $912,000 after buying an additional 3,270 shares during the period. LPL Financial LLC boosted its holdings in First Trust Institutional Preferred Securities and Income ETF by 14.3% in the second quarter. LPL Financial LLC now owns 2,835,054 shares of the company’s stock worth $52,080,000 after acquiring an additional 353,767 shares in the last quarter. Main Street Financial Solutions LLC grew its stake in First Trust Institutional Preferred Securities and Income ETF by 45.2% in the second quarter. Main Street Financial Solutions LLC now owns 20,203 shares of the company’s stock valued at $371,000 after acquiring an additional 6,287 shares during the period. Finally, Zions Bancorporation N.A. bought a new stake in shares of First Trust Institutional Preferred Securities and Income ETF during the second quarter valued at approximately $92,000.

First Trust Institutional Preferred Securities and Income ETF Trading Up 0.1 %

Shares of FPEI opened at $18.65 on Thursday. The business’s fifty day moving average is $18.79 and its 200 day moving average is $18.74. First Trust Institutional Preferred Securities and Income ETF has a 12-month low of $17.72 and a 12-month 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.