Bank of New York Mellon Corp Takes Position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Bank of New York Mellon Corp acquired a new position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 29,752 shares of the company’s stock, valued at approximately $527,000.

A number of other large investors also recently modified their holdings of the company. Perigon Wealth Management LLC acquired a new stake in shares of First Trust Preferred Securities and Income ETF during the fourth quarter worth $219,000. Atomi Financial Group Inc. purchased a new stake in shares of First Trust Preferred Securities and Income ETF in the fourth quarter valued at about $232,000. JPMorgan Chase & Co. increased its stake in First Trust Preferred Securities and Income ETF by 29.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 989,613 shares of the company’s stock valued at $17,912,000 after buying an additional 224,647 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in First Trust Preferred Securities and Income ETF by 14.1% in the 4th quarter. Atria Wealth Solutions Inc. now owns 186,672 shares of the company’s stock valued at $3,304,000 after purchasing an additional 23,067 shares during the period. Finally, Thrivent Financial for Lutherans increased its stake in shares of First Trust Preferred Securities and Income ETF by 12.9% during the 3rd quarter. Thrivent Financial for Lutherans now owns 14,838 shares of the company’s stock worth $269,000 after purchasing an additional 1,696 shares during the last quarter.

First Trust Preferred Securities and Income ETF Stock Down 0.6 %

NYSEARCA FPE opened at $17.63 on Friday. The firm’s 50-day simple moving average is $17.77 and its two-hundred day simple moving average is $17.88. First Trust Preferred Securities and Income ETF has a 52 week low of $16.95 and a 52 week high of $18.23.

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.