Rockefeller Capital Management L.P. Has $4.57 Million Position in First Trust Institutional Preferred Securities and Income ETF $FPEI

Rockefeller Capital Management L.P. increased its position in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 19.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 235,810 shares of the company’s stock after buying an additional 37,726 shares during the quarter. Rockefeller Capital Management L.P. owned 0.24% of First Trust Institutional Preferred Securities and Income ETF worth $4,572,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of FPEI. Jane Street Group LLC acquired a new position in First Trust Institutional Preferred Securities and Income ETF during the 1st quarter worth approximately $1,520,000. First Trust Advisors LP raised its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 7.9% in the second quarter. First Trust Advisors LP now owns 262,064 shares of the company’s stock valued at $4,977,000 after purchasing an additional 19,155 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 12.4% in the second quarter. Raymond James Financial Inc. now owns 2,006,953 shares of the company’s stock valued at $38,112,000 after purchasing an additional 222,032 shares during the last quarter. Vista Investment Management lifted its position in shares of First Trust Institutional Preferred Securities and Income ETF by 3.6% in the second quarter. Vista Investment Management now owns 265,973 shares of the company’s stock worth $5,051,000 after purchasing an additional 9,203 shares in the last quarter. Finally, MML Investors Services LLC lifted its position in shares of First Trust Institutional Preferred Securities and Income ETF by 7.4% in the second quarter. MML Investors Services LLC now owns 38,636 shares of the company’s stock worth $734,000 after purchasing an additional 2,676 shares in the last quarter.

First Trust Institutional Preferred Securities and Income ETF Stock Performance

Shares of FPEI opened at $19.24 on Friday. First Trust Institutional Preferred Securities and Income ETF has a 12 month low of $18.71 and a 12 month high of $19.61. The firm has a fifty day simple moving average of $19.24 and a 200 day simple moving average of $19.31.

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.