Kestra Advisory Services LLC Purchases 198,154 Shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Kestra Advisory Services LLC grew its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 8.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,476,663 shares of the company’s stock after buying an additional 198,154 shares during the quarter. Kestra Advisory Services LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $43,837,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of FPE. Apollon Wealth Management LLC grew its holdings in First Trust Preferred Securities and Income ETF by 14.0% during the third quarter. Apollon Wealth Management LLC now owns 27,274 shares of the company’s stock valued at $494,000 after purchasing an additional 3,343 shares during the period. Agilis Partners LLC lifted its position in shares of First Trust Preferred Securities and Income ETF by 1.0% during the 3rd quarter. Agilis Partners LLC now owns 200,235 shares of the company’s stock valued at $3,624,000 after buying an additional 2,016 shares in the last quarter. SRS Capital Advisors Inc. grew its stake in shares of First Trust Preferred Securities and Income ETF by 4.1% during the 3rd quarter. SRS Capital Advisors Inc. now owns 1,531,988 shares of the company’s stock valued at $27,729,000 after acquiring an additional 59,919 shares during the period. Thrivent Financial for Lutherans raised its stake in First Trust Preferred Securities and Income ETF by 12.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 14,838 shares of the company’s stock worth $269,000 after acquiring an additional 1,696 shares during the period. Finally, Prospera Financial Services Inc lifted its holdings in First Trust Preferred Securities and Income ETF by 15.7% during the third quarter. Prospera Financial Services Inc now owns 1,622,012 shares of the company’s stock valued at $29,362,000 after purchasing an additional 220,692 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of FPE stock opened at $17.66 on Friday. First Trust Preferred Securities and Income ETF has a one year low of $16.95 and a one year high of $18.23. The company’s fifty day moving average price is $17.76 and its 200-day moving average price is $17.89.

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.