First Trust Institutional Preferred Securities and Income ETF $FPEI Shares Newly Acquired by Integrity Alliance LLC.

Integrity Alliance LLC. purchased a new stake in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI – Free Report) in the third quarter, according to its most recent filing with the SEC. The fund purchased 47,702 shares of the company’s stock, valued at approximately $880,000.

Several other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC bought a new stake in shares of First Trust Institutional Preferred Securities and Income ETF in the 3rd quarter worth about $126,000. Valmark Advisers Inc. acquired a new stake in First Trust Institutional Preferred Securities and Income ETF in the first quarter valued at approximately $192,000. Independent Financial Group LLC purchased a new position in shares of First Trust Institutional Preferred Securities and Income ETF during the 1st quarter valued at $199,000. Accel Wealth Management purchased a new position in shares of First Trust Institutional Preferred Securities and Income ETF in the 3rd quarter worth about $209,000. Finally, Integrated Advisors Network LLC bought a new position in shares of First Trust Institutional Preferred Securities and Income ETF in the 3rd quarter worth approximately $233,000.

First Trust Institutional Preferred Securities and Income ETF Price Performance

FPEI opened at $18.58 on Friday. First Trust Institutional Preferred Securities and Income ETF has a 52 week low of $18.29 and a 52 week high of $19.61. The firm has a 50-day simple moving average of $18.63 and a two-hundred day simple moving average of $19.10.

First Trust Institutional Preferred Securities and Income ETF 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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