First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) Shares Sold by Truist Financial Corp

Truist Financial Corp decreased its position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 958,646 shares of the company’s stock after selling 29,363 shares during the period. Truist Financial Corp’s holdings in First Trust Preferred Securities and Income ETF were worth $16,642,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. OLD Mission Capital LLC boosted its holdings in First Trust Preferred Securities and Income ETF by 26,692.8% in the fourth quarter. OLD Mission Capital LLC now owns 2,835,478 shares of the company’s stock valued at $47,806,000 after purchasing an additional 2,824,895 shares during the period. Cetera Investment Advisers raised its holdings in First Trust Preferred Securities and Income ETF by 194.9% in the first quarter. Cetera Investment Advisers now owns 1,141,966 shares of the company’s stock valued at $19,779,000 after acquiring an additional 754,718 shares in the last quarter. Waverly Advisors LLC acquired a new position in First Trust Preferred Securities and Income ETF during the 1st quarter worth approximately $11,610,000. Synergy Asset Management LLC purchased a new stake in shares of First Trust Preferred Securities and Income ETF in the 1st quarter valued at approximately $7,359,000. Finally, Ameritas Investment Partners Inc. raised its holdings in shares of First Trust Preferred Securities and Income ETF by 1,275.1% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 410,145 shares of the company’s stock valued at $7,120,000 after purchasing an additional 380,318 shares in the last quarter.

First Trust Preferred Securities and Income ETF Trading Down 0.2 %

Shares of FPE stock opened at $18.14 on Friday. First Trust Preferred Securities and Income ETF has a 12 month low of $15.46 and a 12 month high of $18.23. The firm has a fifty day moving average price of $17.85 and a 200 day moving average price of $17.51.

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.