Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Get Rating) by 5.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 933,264 shares of the company's stock after purchasing an additional 44,146 shares during the quarter. First Trust Preferred Securities and Income ETF makes up approximately 0.7% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management's portfolio, making the stock its 28th biggest position. Empirical Financial Services LLC d.b.a. Empirical Wealth Management's holdings in First Trust Preferred Securities and Income ETF were worth $15,679,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Bank of New York Mellon Corp grew its stake in First Trust Preferred Securities and Income ETF by 20.0% during the 1st quarter. Bank of New York Mellon Corp now owns 36,572 shares of the company's stock valued at $696,000 after purchasing an additional 6,095 shares in the last quarter. Bank of Montreal Can boosted its position in First Trust Preferred Securities and Income ETF by 14.9% during the first quarter. Bank of Montreal Can now owns 271,002 shares of the company's stock valued at $5,149,000 after purchasing an additional 35,120 shares during the last quarter. Synovus Financial Corp boosted its stake in First Trust Preferred Securities and Income ETF by 12.2% during the 1st quarter. Synovus Financial Corp now owns 86,767 shares of the company's stock valued at $1,651,000 after purchasing an additional 9,418 shares during the period. Baird Financial Group Inc. lifted its position in shares of First Trust Preferred Securities and Income ETF by 9.4% in the 1st quarter. Baird Financial Group Inc. now owns 1,768,430 shares of the company's stock worth $33,636,000 after acquiring an additional 152,045 shares during the period. Finally, Mather Group LLC. acquired a new stake in First Trust Preferred Securities and Income ETF during the 1st quarter valued at $425,000.

First Trust Preferred Securities and Income ETF Stock Performance

FPE stock traded down $0.16 during midday trading on Thursday, hitting $15.54. 1,574,484 shares of the company's stock were exchanged, compared to its average volume of 2,491,699. The stock's fifty day moving average price is $16.31 and its 200-day moving average price is $16.88. First Trust Preferred Securities and Income ETF has a one year low of $15.23 and a one year high of $18.33.

About First Trust Preferred Securities and Income ETF

(Get Rating)

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.

Featured Stories

• Get a free copy of the StockNews.com research report on First Trust Preferred Securities and Income ETF (FPE)
• Kellogg Company Looks GRRR-eat! At These Levels
• PacWest, First Horizon Shares Plummet On Continued Bank Worries
• Yum! Brands Pulls Back To More Appetizing Levels
• Is it Time for Qualcomm to Start Playing Catch-up?
• Is Mid-Cap Hubbell The Right Stock To Electrify Your Portfolio?

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

Receive News & Ratings for First Trust Preferred Securities and Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Preferred Securities and Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.