First Trust Institutional Preferred Securities and Income ETF $FPEI Shares Bought by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lifted its position in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 43.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 487,681 shares of the company’s stock after buying an additional 148,284 shares during the period. Geneos Wealth Management Inc. owned approximately 0.49% of First Trust Institutional Preferred Securities and Income ETF worth $9,266,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC acquired a new position in First Trust Institutional Preferred Securities and Income ETF in the fourth quarter valued at approximately $29,000. Arax Advisory Partners acquired a new stake in First Trust Institutional Preferred Securities and Income ETF during the fourth quarter worth $36,000. Colonial Trust Co SC raised its position in First Trust Institutional Preferred Securities and Income ETF by 137.5% in the fourth quarter. Colonial Trust Co SC now owns 1,900 shares of the company’s stock valued at $37,000 after purchasing an additional 1,100 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in First Trust Institutional Preferred Securities and Income ETF in the fourth quarter valued at $84,000. Finally, Capital Investment Advisory Services LLC lifted its stake in shares of First Trust Institutional Preferred Securities and Income ETF by 1,876.4% in the 4th quarter. Capital Investment Advisory Services LLC now owns 4,447 shares of the company’s stock valued at $86,000 after purchasing an additional 4,222 shares during the last quarter.

First Trust Institutional Preferred Securities and Income ETF Stock Up 0.1%

Shares of First Trust Institutional Preferred Securities and Income ETF stock opened at $19.26 on Thursday. First Trust Institutional Preferred Securities and Income ETF has a 52 week low of $18.71 and a 52 week high of $19.61. The business’s fifty day simple moving average is $19.25 and its 200-day simple moving average is $19.30.

First Trust Institutional Preferred Securities and Income ETF Company Profile

The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities. FPEI was launched on Aug 22, 2017 and is managed by First Trust.