First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Stringer Asset Management LLC

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Stringer Asset Management LLC cut its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 4.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 137,182 shares of the company’s stock after selling 6,112 shares during the quarter. First Trust Preferred Securities and Income ETF accounts for 2.9% of Stringer Asset Management LLC’s investment portfolio, making the stock its 17th biggest holding. Stringer Asset Management LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $2,630,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Arkadios Wealth Advisors purchased a new position in shares of First Trust Preferred Securities and Income ETF in the third quarter valued at $27,000. Nachman Norwood & Parrott Inc purchased a new position in First Trust Preferred Securities and Income ETF during the 3rd quarter valued at about $28,000. Captrust Financial Advisors acquired a new position in First Trust Preferred Securities and Income ETF during the second quarter worth about $49,000. Biltmore Capital Advisors LLC purchased a new stake in shares of First Trust Preferred Securities and Income ETF in the third quarter valued at about $70,000. Finally, Eukles Asset Management acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the second quarter valued at approximately $84,000.

Shares of First Trust Preferred Securities and Income ETF stock traded up $0.05 during trading on Friday, hitting $19.92. 1,175,656 shares of the company were exchanged, compared to its average volume of 1,841,311. First Trust Preferred Securities and Income ETF has a fifty-two week low of $10.40 and a fifty-two week high of $20.50. The firm has a 50 day moving average price of $19.45 and a 200 day moving average price of $18.97.

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Institutional Ownership by Quarter for First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

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