International Assets Investment Management LLC Has $1.53 Million Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

International Assets Investment Management LLC trimmed its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 94.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 86,233 shares of the company’s stock after selling 1,458,137 shares during the quarter. International Assets Investment Management LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,531,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Ameliora Wealth Management Ltd. grew its position in shares of First Trust Preferred Securities and Income ETF by 93.1% during the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock worth $26,000 after purchasing an additional 690 shares in the last quarter. Mattson Financial Services LLC acquired a new stake in First Trust Preferred Securities and Income ETF during the second quarter worth approximately $46,000. FSC Wealth Advisors LLC grew its position in First Trust Preferred Securities and Income ETF by 75.9% during 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 in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in First Trust Preferred Securities and Income ETF during the 2nd quarter worth $159,000. Finally, Matrix Trust Co bought a new stake in shares of First Trust Preferred Securities and Income ETF during the 3rd quarter valued at $173,000.

First Trust Preferred Securities and Income ETF Price Performance

FPE opened at $17.68 on Thursday. First Trust Preferred Securities and Income ETF has a 52-week low of $16.78 and a 52-week high of $18.23. The business’s fifty day moving average is $17.87 and its 200-day moving average is $17.82.

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.