StoneX Group Inc. Buys 44,836 Shares of First Trust Preferred Securities and Income ETF $FPE

StoneX Group Inc. purchased a new position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 44,836 shares of the company’s stock, valued at approximately $764,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. American Institute for Advanced Investment Management LLP boosted its stake in shares of First Trust Preferred Securities and Income ETF by 16.1% in the third quarter. American Institute for Advanced Investment Management LLP now owns 32,925 shares of the company’s stock worth $561,000 after acquiring an additional 4,575 shares during the period. Parallel Advisors LLC grew its position in shares of First Trust Preferred Securities and Income ETF by 6.3% during the third quarter. Parallel Advisors LLC now owns 92,296 shares of the company’s stock worth $1,574,000 after purchasing an additional 5,499 shares in the last quarter. United Advisor Group LLC raised its stake in First Trust Preferred Securities and Income ETF by 4.9% during the 3rd quarter. United Advisor Group LLC now owns 207,871 shares of the company’s stock valued at $3,544,000 after purchasing an additional 9,668 shares during the period. Ashton Thomas Private Wealth LLC raised its stake in First Trust Preferred Securities and Income ETF by 11.6% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 1,219,425 shares of the company’s stock valued at $20,791,000 after purchasing an additional 127,065 shares during the period. Finally, Principle Wealth Partners LLC raised its stake in First Trust Preferred Securities and Income ETF by 21.3% during the 3rd quarter. Principle Wealth Partners LLC now owns 33,000 shares of the company’s stock valued at $563,000 after purchasing an additional 5,800 shares during the period.

First Trust Preferred Securities and Income ETF Price Performance

NYSEARCA FPE opened at $17.12 on Wednesday. The stock’s 50 day moving average is $17.20 and its 200 day moving average is $17.81. First Trust Preferred Securities and Income ETF has a 12 month low of $16.87 and a 12 month high of $18.48.

About First Trust Preferred Securities and Income ETF

(Free Report)

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. FPE was launched on Feb 12, 2013 and is managed by First Trust.

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