Mirae Asset Global Investments Co. Ltd. Has $1.22 Million Stock Position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Mirae Asset Global Investments Co. Ltd. boosted its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 141.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 67,000 shares of the company’s stock after buying an additional 39,297 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in First Trust Preferred Securities and Income ETF were worth $1,215,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of FPE. Opal Wealth Advisors LLC bought a new stake in First Trust Preferred Securities and Income ETF in the 2nd quarter valued at about $26,000. Ameliora Wealth Management Ltd. boosted its holdings in First Trust Preferred Securities and Income ETF by 93.1% in the 3rd quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after purchasing an additional 690 shares during the period. FSC Wealth Advisors LLC boosted its holdings in First Trust Preferred Securities and Income ETF by 85.3% in the 2nd quarter. FSC Wealth Advisors LLC now owns 2,172 shares of the company’s stock valued at $38,000 after purchasing an additional 1,000 shares during the period. Larson Financial Group LLC boosted its holdings in First Trust Preferred Securities and Income ETF by 117.1% in the 2nd quarter. Larson Financial Group LLC now owns 2,672 shares of the company’s stock valued at $46,000 after purchasing an additional 1,441 shares during the period. Finally, Mattson Financial Services LLC bought a new stake in shares of First Trust Preferred Securities and Income ETF during the 2nd quarter worth approximately $46,000.

First Trust Preferred Securities and Income ETF Stock Down 0.1 %

Shares of First Trust Preferred Securities and Income ETF stock opened at $17.87 on Friday. The company has a 50 day moving average of $18.02 and a 200-day moving average of $17.60. First Trust Preferred Securities and Income ETF has a 1-year low of $15.77 and a 1-year high of $18.23.

About First Trust Preferred Securities and Income ETF

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.