First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Stockman Wealth Management Inc.

Stockman Wealth Management Inc. trimmed its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 2.1% during the third quarter, Holdings Channel.com reports. The firm owned 32,443 shares of the company’s stock after selling 705 shares during the quarter. Stockman Wealth Management Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $587,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of FPE. Envestnet Portfolio Solutions Inc. acquired a new position in shares of First Trust Preferred Securities and Income ETF during the first quarter valued at $330,000. Avantax Advisory Services Inc. increased its holdings in shares of First Trust Preferred Securities and Income ETF by 10.3% during the first quarter. Avantax Advisory Services Inc. now owns 331,142 shares of the company’s stock valued at $5,735,000 after purchasing an additional 30,884 shares during the period. Darden Wealth Group Inc increased its holdings in shares of First Trust Preferred Securities and Income ETF by 20.9% during the first quarter. Darden Wealth Group Inc now owns 132,739 shares of the company’s stock valued at $2,299,000 after purchasing an additional 22,986 shares during the period. Wintrust Investments LLC boosted its stake in First Trust Preferred Securities and Income ETF by 5.7% during the first quarter. Wintrust Investments LLC now owns 356,745 shares of the company’s stock valued at $6,179,000 after buying an additional 19,115 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its stake in First Trust Preferred Securities and Income ETF by 5.7% during the first quarter. Osaic Holdings Inc. now owns 1,948,087 shares of the company’s stock valued at $33,742,000 after buying an additional 105,532 shares in the last quarter.

First Trust Preferred Securities and Income ETF Trading Up 0.5 %

FPE stock traded up $0.09 during trading hours on Friday, hitting $18.10. 1,982,910 shares of the stock traded hands, compared to its average volume of 1,235,150. The stock has a 50-day simple moving average of $18.04 and a 200 day simple moving average of $17.65. First Trust Preferred Securities and Income ETF has a one year low of $15.92 and a one year high of $18.23.

First Trust Preferred Securities and Income ETF 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.