First Trust Preferred Securities and Income ETF $FPE Shares Acquired by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. boosted its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 57.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 92,359 shares of the company’s stock after purchasing an additional 33,563 shares during the quarter. Geneos Wealth Management Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $1,639,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Sequoia Financial Advisors LLC increased its stake in shares of First Trust Preferred Securities and Income ETF by 3.2% during the fourth quarter. Sequoia Financial Advisors LLC now owns 20,206 shares of the company’s stock worth $368,000 after buying an additional 628 shares during the period. Visionary Wealth Advisors grew its holdings in First Trust Preferred Securities and Income ETF by 0.9% during the 2nd quarter. Visionary Wealth Advisors now owns 69,297 shares of the company’s stock worth $1,233,000 after acquiring an additional 634 shares in the last quarter. Raleigh Capital Management Inc. raised its holdings in shares of First Trust Preferred Securities and Income ETF by 42.8% in the 4th quarter. Raleigh Capital Management Inc. now owns 2,507 shares of the company’s stock valued at $46,000 after purchasing an additional 752 shares in the last quarter. Centaurus Financial Inc. lifted its position in shares of First Trust Preferred Securities and Income ETF by 7.3% during the 3rd quarter. Centaurus Financial Inc. now owns 11,840 shares of the company’s stock worth $216,000 after purchasing an additional 810 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC lifted its position in shares of First Trust Preferred Securities and Income ETF by 7.2% during the 3rd quarter. Measured Wealth Private Client Group LLC now owns 12,432 shares of the company’s stock worth $227,000 after purchasing an additional 838 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Down 0.1%

NYSEARCA:FPE opened at $17.94 on Friday. First Trust Preferred Securities and Income ETF has a 1 year low of $17.54 and a 1 year high of $18.51. The stock has a 50-day simple moving average of $17.96 and a 200-day simple moving average of $18.10.

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.