QCI Asset Management Inc. NY Sells 18,910 Shares of First Trust Preferred Securities and Income ETF (FPE)

QCI Asset Management Inc. NY lessened its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 2.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 837,390 shares of the company’s stock after selling 18,910 shares during the period. QCI Asset Management Inc. NY owned approximately 0.47% of First Trust Preferred Securities and Income ETF worth $15,994,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in FPE. Wagner Wealth Management LLC grew its position in First Trust Preferred Securities and Income ETF by 260.2% in the 2nd quarter. Wagner Wealth Management LLC now owns 6,506 shares of the company’s stock valued at $124,000 after acquiring an additional 4,700 shares during the last quarter. Sigma Planning Corp bought a new position in First Trust Preferred Securities and Income ETF in the 2nd quarter valued at $362,000. Ruggie Capital Group bought a new position in First Trust Preferred Securities and Income ETF in the 2nd quarter valued at $509,000. Palo Capital Inc. bought a new position in First Trust Preferred Securities and Income ETF in the 3rd quarter valued at $3,009,000. Finally, Cornerstone Wealth Management LLC bought a new position in First Trust Preferred Securities and Income ETF in the 2nd quarter valued at $9,160,000.

Shares of First Trust Preferred Securities and Income ETF stock opened at $18.85 on Friday. First Trust Preferred Securities and Income ETF has a 52 week low of $18.67 and a 52 week high of $20.15.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 31st. Shareholders of record on Wednesday, October 24th were given a $0.081 dividend. This represents a $0.97 annualized dividend and a yield of 5.16%. The ex-dividend date was Tuesday, October 23rd.

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See Also: Diversification in Investing

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

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