Advisory Services Network LLC Boosts Stock Position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Advisory Services Network LLC increased its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPEGet Rating) by 10.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 79,802 shares of the company’s stock after buying an additional 7,720 shares during the quarter. Advisory Services Network LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $1,518,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. BNP Paribas Arbitrage SA purchased a new stake in First Trust Preferred Securities and Income ETF in the fourth quarter valued at approximately $402,000. Bank of Montreal Can lifted its stake in First Trust Preferred Securities and Income ETF by 44.4% during the 4th quarter. Bank of Montreal Can now owns 235,882 shares of the company’s stock worth $4,793,000 after acquiring an additional 72,544 shares in the last quarter. Renaissance Technologies LLC raised its position in First Trust Preferred Securities and Income ETF by 80.9% in the 4th quarter. Renaissance Technologies LLC now owns 924,100 shares of the company’s stock valued at $18,778,000 after purchasing an additional 413,158 shares in the last quarter. Hilltop Holdings Inc. raised its position in First Trust Preferred Securities and Income ETF by 82.9% in the 4th quarter. Hilltop Holdings Inc. now owns 88,370 shares of the company’s stock valued at $1,796,000 after purchasing an additional 40,042 shares in the last quarter. Finally, Clark Capital Management Group Inc. raised its position in First Trust Preferred Securities and Income ETF by 2.0% in the 4th quarter. Clark Capital Management Group Inc. now owns 468,671 shares of the company’s stock valued at $9,523,000 after purchasing an additional 9,377 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Down 0.1 %

FPE stock opened at $17.46 on Monday. The business’s 50-day moving average is $17.79 and its two-hundred day moving average is $18.06. First Trust Preferred Securities and Income ETF has a 1 year low of $17.18 and a 1 year high of $20.76.

Further Reading

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Institutional Ownership by Quarter for First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

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