Park National Corp OH Buys 77,591 Shares of First Trust Institutional Preferred Securities and Income ETF $FPEI

Park National Corp OH raised its position in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI – Free Report) by 17.1% during the third quarter, Holdings Channel.com reports. The firm owned 531,455 shares of the company’s stock after buying an additional 77,591 shares during the period. Park National Corp OH’s holdings in First Trust Institutional Preferred Securities and Income ETF were worth $9,800,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of America Corp DE grew its position in shares of First Trust Institutional Preferred Securities and Income ETF by 29.3% in the first quarter. Bank of America Corp DE now owns 6,017,351 shares of the company’s stock valued at $114,330,000 after purchasing an additional 1,364,824 shares during the period. Royal Bank of Canada boosted its position in First Trust Institutional Preferred Securities and Income ETF by 7.0% during the 1st quarter. Royal Bank of Canada now owns 5,375,215 shares of the company’s stock worth $102,128,000 after purchasing an additional 351,265 shares during the period. Montis Financial LLC boosted its position in First Trust Institutional Preferred Securities and Income ETF by 10.6% during the 4th quarter. Montis Financial LLC now owns 1,735,426 shares of the company’s stock worth $33,650,000 after purchasing an additional 166,845 shares during the period. Annex Advisory Services LLC increased its holdings in First Trust Institutional Preferred Securities and Income ETF by 11.8% in the 2nd quarter. Annex Advisory Services LLC now owns 1,146,209 shares of the company’s stock valued at $22,110,000 after purchasing an additional 120,692 shares in the last quarter. Finally, Citizens Financial Group Inc. RI raised its position in First Trust Institutional Preferred Securities and Income ETF by 2.8% in the first quarter. Citizens Financial Group Inc. RI now owns 996,035 shares of the company’s stock valued at $18,925,000 after purchasing an additional 27,511 shares during the period.

First Trust Institutional Preferred Securities and Income ETF Price Performance

Shares of FPEI stock traded down $0.01 during trading hours on Monday, reaching $18.41. The company had a trading volume of 221,767 shares, compared to its average volume of 413,484. The stock’s fifty day simple moving average is $18.95 and its 200 day simple moving average is $19.11. First Trust Institutional Preferred Securities and Income ETF has a twelve month low of $18.30 and a twelve month high of $19.61.

First Trust Institutional Preferred Securities and Income ETF Company Profile

(Free Report)

The First Trust Institutional Preferred Securities and Income ETF (FPEI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to provide current income and total return by investing in global institutional preferred and income-producing debt securities. FPEI was launched on Aug 22, 2017 and is managed by First Trust.

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Want to see what other hedge funds are holding FPEI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI – Free Report).