Stratos Wealth Partners LTD. Has $7.79 Million Stock Holdings in First Trust Preferred Securities and Income ETF $FPE

Stratos Wealth Partners LTD. increased its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 17.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 427,459 shares of the company’s stock after purchasing an additional 62,762 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in First Trust Preferred Securities and Income ETF were worth $7,788,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Trust Co. of Vermont grew its holdings in First Trust Preferred Securities and Income ETF by 85.1% during the third quarter. Trust Co. of Vermont now owns 1,942 shares of the company’s stock worth $35,000 after purchasing an additional 893 shares during the period. Rossby Financial LCC raised its stake in First Trust Preferred Securities and Income ETF by 469.7% in the third quarter. Rossby Financial LCC now owns 2,347 shares of the company’s stock valued at $43,000 after buying an additional 1,935 shares during the period. Ameriflex Group Inc. raised its stake in First Trust Preferred Securities and Income ETF by 339.3% in the third quarter. Ameriflex Group Inc. now owns 2,372 shares of the company’s stock valued at $43,000 after buying an additional 1,832 shares during the period. Triumph Capital Management acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the third quarter valued at approximately $61,000. Finally, Private Wealth Asset Management LLC lifted its position in shares of First Trust Preferred Securities and Income ETF by 595.9% in the third quarter. Private Wealth Asset Management LLC now owns 5,233 shares of the company’s stock valued at $95,000 after buying an additional 4,481 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Performance

Shares of NYSEARCA FPE opened at $17.84 on Friday. First Trust Preferred Securities and Income ETF has a 12 month low of $16.77 and a 12 month high of $18.51. The stock has a 50 day moving average of $18.16 and a 200-day moving average of $18.25.

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. FPE was launched on Feb 12, 2013 and is managed by First Trust.