First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. increased its position in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 1.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 56,821 shares of the company’s stock after acquiring an additional 656 shares during the quarter. Stratos Wealth Partners LTD. owned approximately 0.08% of First Trust Institutional Preferred Securities and Income ETF worth $1,063,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Smith Chas P & Associates PA Cpas lifted its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 1.8% during the 4th quarter. Smith Chas P & Associates PA Cpas now owns 2,158,373 shares of the company’s stock worth $40,362,000 after acquiring an additional 39,037 shares during the period. Key Financial Inc raised its stake in First Trust Institutional Preferred Securities and Income ETF by 8.3% during the third quarter. Key Financial Inc now owns 968,389 shares of the company’s stock worth $18,467,000 after purchasing an additional 74,532 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 202.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 933,926 shares of the company’s stock valued at $17,810,000 after purchasing an additional 625,087 shares during the last quarter. Adamsbrown Wealth Consultants LLC boosted its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 15.8% in the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 762,208 shares of the company’s stock valued at $14,253,000 after purchasing an additional 103,885 shares during the last quarter. Finally, Citizens Financial Group Inc. RI grew its stake in shares of First Trust Institutional Preferred Securities and Income ETF by 38.5% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 617,850 shares of the company’s stock valued at $11,782,000 after buying an additional 171,730 shares during the period.

First Trust Institutional Preferred Securities and Income ETF Price Performance

FPEI stock opened at $18.80 on Monday. The stock has a 50-day moving average price of $18.73 and a two-hundred day moving average price of $18.78. First Trust Institutional Preferred Securities and Income ETF has a 12-month low of $17.89 and a 12-month 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.