First Trust Preferred Securities and Income ETF (FPE) Shares Sold by Foresight Wealth Management LLC

Foresight Wealth Management LLC reduced its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 37.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,723 shares of the company’s stock after selling 6,988 shares during the period. Foresight Wealth Management LLC’s holdings in First Trust Preferred Securities and Income ETF were worth $223,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Financial Advocates Investment Management boosted its stake in shares of First Trust Preferred Securities and Income ETF by 635.4% in the fourth quarter. Financial Advocates Investment Management now owns 53,584 shares of the company’s stock worth $491,000 after acquiring an additional 46,298 shares during the last quarter. Two Sigma Securities LLC acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the fourth quarter worth approximately $1,360,000. Mycio Wealth Partners LLC acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the fourth quarter worth approximately $276,000. Carnick & Kubik Group LLC boosted its stake in shares of First Trust Preferred Securities and Income ETF by 8.8% in the fourth quarter. Carnick & Kubik Group LLC now owns 270,939 shares of the company’s stock worth $4,863,000 after acquiring an additional 21,869 shares during the last quarter. Finally, Ironwood Investment Counsel LLC acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the fourth quarter worth approximately $702,000.

Shares of NYSEARCA:FPE traded up $0.02 during trading on Wednesday, reaching $19.23. The stock had a trading volume of 3,050 shares, compared to its average volume of 1,052,741. First Trust Preferred Securities and Income ETF has a 1-year low of $17.76 and a 1-year high of $19.40.

The company also recently declared a monthly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 24th were paid a $0.0769 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.80%. The ex-dividend date was Tuesday, April 23rd.

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

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