Park National Corp OH raised its stake in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE – Get Rating) by 0.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,536,024 shares of the company's stock after purchasing an additional 38,115 shares during the quarter. First Trust Preferred Securities and Income ETF accounts for about 3.8% of Park National Corp OH's portfolio, making the stock its 4th biggest position. Park National Corp OH owned approximately 1.23% of First Trust Preferred Securities and Income ETF worth $78,156,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Glassman Wealth Services purchased a new stake in shares of First Trust Preferred Securities and Income ETF during the fourth quarter valued at approximately $28,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of First Trust Preferred Securities and Income ETF during the first quarter valued at approximately $28,000. Sargent Bickham Lagudis LLC purchased a new stake in shares of First Trust Preferred Securities and Income ETF during the first quarter valued at approximately $29,000. Ritter Daniher Financial Advisory LLC purchased a new stake in shares of First Trust Preferred Securities and Income ETF during the first quarter valued at approximately $38,000. Finally, Tyler Stone Wealth Management purchased a new stake in shares of First Trust Preferred Securities and Income ETF during the fourth quarter valued at approximately $39,000.

First Trust Preferred Securities and Income ETF Stock Down 0.1 %

Shares of FPE opened at $17.46 on Friday. The stock has a 50 day moving average of $17.79 and a 200 day moving average of $18.08. First Trust Preferred Securities and Income ETF has a 12 month low of $17.18 and a 12 month high of $20.76.

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