Greenwich Investment Management Inc. increased its stake in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 33.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,000 shares of the company’s stock after acquiring an additional 4,713 shares during the quarter. Greenwich Investment Management Inc.’s holdings in First Trust Preferred Securities and Income ETF were worth $368,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in FPE. Resources Investment Advisors Inc. acquired a new stake in First Trust Preferred Securities and Income ETF during the 1st quarter worth $25,000. Financial Management Professionals Inc. acquired a new stake in First Trust Preferred Securities and Income ETF during the 2nd quarter worth $43,000. Cullen Frost Bankers Inc. acquired a new stake in First Trust Preferred Securities and Income ETF during the 1st quarter worth $45,000. Princeton Global Asset Management LLC acquired a new stake in First Trust Preferred Securities and Income ETF during the 1st quarter worth $51,000. Finally, Deutsche Bank AG acquired a new stake in First Trust Preferred Securities and Income ETF during the 4th quarter worth $78,000.

Shares of NYSEARCA:FPE opened at $19.58 on Wednesday. The stock’s fifty day moving average is $19.53. First Trust Preferred Securities and Income ETF has a 12 month low of $17.76 and a 12 month high of $19.65.

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Institutional Ownership by Quarter for First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

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