Ameritas Investment Partners Inc. grew its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) by 6.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 666,366 shares of the company’s stock after buying an additional 37,721 shares during the period. Ameritas Investment Partners Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $12,141,000 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 FPE. LPL Financial LLC increased its holdings in First Trust Preferred Securities and Income ETF by 18.6% in the 4th quarter. LPL Financial LLC now owns 16,820,824 shares of the company’s stock worth $306,475,000 after acquiring an additional 2,636,765 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in First Trust Preferred Securities and Income ETF by 5.3% in the 4th quarter. JPMorgan Chase & Co. now owns 859,118 shares of the company’s stock worth $15,653,000 after acquiring an additional 43,259 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new stake in First Trust Preferred Securities and Income ETF in the 4th quarter worth $305,000. IMA Advisory Services Inc. increased its holdings in First Trust Preferred Securities and Income ETF by 1.2% in the 4th quarter. IMA Advisory Services Inc. now owns 329,769 shares of the company’s stock worth $6,008,000 after acquiring an additional 4,005 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its holdings in First Trust Preferred Securities and Income ETF by 6.0% in the 4th quarter. J.W. Cole Advisors Inc. now owns 50,174 shares of the company’s stock worth $899,000 after acquiring an additional 2,825 shares in the last quarter.
First Trust Preferred Securities and Income ETF Price Performance
Shares of NYSEARCA FPE opened at $17.89 on Thursday. The firm has a fifty day moving average of $18.01 and a 200 day moving average of $18.15. First Trust Preferred Securities and Income ETF has a one year low of $17.54 and a one year high of $18.51.
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.
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