Sigma Planning Corp Increases Stock Holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Sigma Planning Corp boosted its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 10.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 360,186 shares of the company’s stock after buying an additional 34,789 shares during the quarter. Sigma Planning Corp’s holdings in First Trust Preferred Securities and Income ETF were worth $6,519,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of FPE. Farther Finance Advisors LLC grew its stake in shares of First Trust Preferred Securities and Income ETF by 5.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,174 shares of the company’s stock worth $184,000 after acquiring an additional 559 shares in the last quarter. Aspen Wealth Strategies LLC grew its position in First Trust Preferred Securities and Income ETF by 1.2% in the 3rd quarter. Aspen Wealth Strategies LLC now owns 50,959 shares of the company’s stock worth $922,000 after purchasing an additional 593 shares in the last quarter. Ameliora Wealth Management Ltd. increased its stake in First Trust Preferred Securities and Income ETF by 93.1% in the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after buying an additional 690 shares during the last quarter. Patten Group Inc. lifted its position in shares of First Trust Preferred Securities and Income ETF by 1.2% during the 2nd quarter. Patten Group Inc. now owns 78,132 shares of the company’s stock worth $1,356,000 after buying an additional 961 shares in the last quarter. Finally, TRUE Private Wealth Advisors lifted its position in shares of First Trust Preferred Securities and Income ETF by 5.5% during the 2nd quarter. TRUE Private Wealth Advisors now owns 18,936 shares of the company’s stock worth $329,000 after buying an additional 983 shares in the last quarter.

First Trust Preferred Securities and Income ETF Stock Up 0.5 %

FPE stock opened at $18.10 on Friday. The business has a 50 day moving average of $18.04 and a 200-day moving average of $17.65. First Trust Preferred Securities and Income ETF has a 12-month low of $15.92 and a 12-month high of $18.23.

About First Trust Preferred Securities and Income ETF

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.