Perennial Investment Advisors LLC Purchases Shares of 21,567 First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Perennial Investment Advisors LLC acquired a new position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) in the 2nd quarter, Holdings Channel reports. The firm acquired 21,567 shares of the company’s stock, valued at approximately $374,000.

Several other large investors also recently made changes to their positions in FPE. Moors & Cabot Inc. raised its holdings in shares of First Trust Preferred Securities and Income ETF by 5.9% during the 2nd quarter. Moors & Cabot Inc. now owns 81,204 shares of the company’s stock valued at $1,410,000 after buying an additional 4,550 shares during the period. Oppenheimer & Co. Inc. grew its position in First Trust Preferred Securities and Income ETF by 9.1% in the second quarter. Oppenheimer & Co. Inc. now owns 399,630 shares of the company’s stock valued at $6,938,000 after acquiring an additional 33,383 shares in the last quarter. LPL Financial LLC raised its stake in shares of First Trust Preferred Securities and Income ETF by 3.5% during the second quarter. LPL Financial LLC now owns 10,841,607 shares of the company’s stock valued at $188,210,000 after purchasing an additional 362,026 shares during the period. MGO One Seven LLC lifted its position in shares of First Trust Preferred Securities and Income ETF by 10.6% during the second quarter. MGO One Seven LLC now owns 453,271 shares of the company’s stock worth $7,869,000 after purchasing an additional 43,343 shares in the last quarter. Finally, Bright Futures Wealth Management LLC. boosted its stake in shares of First Trust Preferred Securities and Income ETF by 3.0% in the second quarter. Bright Futures Wealth Management LLC. now owns 104,663 shares of the company’s stock valued at $1,834,000 after purchasing an additional 3,090 shares during the period.

First Trust Preferred Securities and Income ETF Stock Up 0.2 %

FPE opened at $18.09 on Wednesday. First Trust Preferred Securities and Income ETF has a twelve month low of $15.46 and a twelve month high of $18.10. The company has a fifty day simple moving average of $17.69 and a 200 day simple moving average of $17.43.

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.