Barings LLC Sells 100,291 Shares of First Trust Preferred Securities and Income ETF $FPE

Barings LLC lowered its position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 36.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 175,090 shares of the company’s stock after selling 100,291 shares during the quarter. Barings LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $3,190,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Rossby Financial LCC increased its holdings in shares of 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 worth $43,000 after purchasing an additional 1,935 shares during the period. Ameriflex Group Inc. increased its holdings in shares of 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 worth $43,000 after purchasing an additional 1,832 shares during the period. Raleigh Capital Management Inc. increased its holdings in shares of First Trust Preferred Securities and Income ETF by 42.8% in the fourth quarter. Raleigh Capital Management Inc. now owns 2,507 shares of the company’s stock worth $46,000 after purchasing an additional 752 shares during the period. Larson Financial Group LLC increased its holdings in shares of First Trust Preferred Securities and Income ETF by 91.5% in the fourth quarter. Larson Financial Group LLC now owns 2,873 shares of the company’s stock worth $52,000 after purchasing an additional 1,373 shares during the period. Finally, Triumph Capital Management bought a new position in shares of First Trust Preferred Securities and Income ETF in the third quarter worth $61,000.

First Trust Preferred Securities and Income ETF Stock Up 0.3%

First Trust Preferred Securities and Income ETF stock opened at $17.94 on Friday. First Trust Preferred Securities and Income ETF has a fifty-two week low of $17.54 and a fifty-two week high of $18.51. The firm’s fifty day moving average price is $18.02 and its 200-day moving average price is $18.15.

First Trust Preferred Securities and Income ETF Company Profile

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.