City Holding Co. Decreases Stock Position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

City Holding Co. reduced its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 159,497 shares of the company’s stock after selling 5,800 shares during the quarter. City Holding Co.’s holdings in First Trust Preferred Securities and Income ETF were worth $2,885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Opal Wealth Advisors LLC bought a new position in shares of First Trust Preferred Securities and Income ETF in the 2nd quarter worth approximately $26,000. FSC Wealth Advisors LLC lifted its holdings in shares of First Trust Preferred Securities and Income ETF by 85.3% in the second quarter. FSC Wealth Advisors LLC now owns 2,172 shares of the company’s stock worth $38,000 after buying an additional 1,000 shares in the last quarter. Indiana Trust & Investment Management CO purchased a new stake in First Trust Preferred Securities and Income ETF in the 1st quarter worth $44,000. Larson Financial Group LLC lifted its position in shares of First Trust Preferred Securities and Income ETF by 117.1% in the second quarter. Larson Financial Group LLC now owns 2,672 shares of the company’s stock worth $46,000 after buying an additional 1,441 shares in the last quarter. Finally, Mattson Financial Services LLC purchased a new position in First Trust Preferred Securities and Income ETF during the 2nd quarter valued at approximately $46,000.

First Trust Preferred Securities and Income ETF Stock Up 0.2 %

Shares of FPE opened at $18.11 on Wednesday. First Trust Preferred Securities and Income ETF has a 1 year low of $15.46 and a 1 year high of $18.23. The business’s 50 day simple moving average is $17.87 and its 200-day simple moving average is $17.52.

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.