Private Trust Co. NA acquired a new stake in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI – Get Rating) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,070 shares of the company's stock, valued at approximately $144,000.

Several other large investors also recently bought and sold shares of the stock. Raymond James Financial Services Advisors Inc. raised its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 10.8% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 59,731 shares of the company's stock valued at $1,159,000 after buying an additional 5,839 shares during the last quarter. Cetera Advisor Networks LLC purchased a new stake in shares of First Trust Institutional Preferred Securities and Income ETF in the first quarter valued at about $208,000. Private Advisor Group LLC raised its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 86.4% in the first quarter. Private Advisor Group LLC now owns 30,084 shares of the company's stock valued at $584,000 after buying an additional 13,946 shares during the last quarter. Cetera Investment Advisers purchased a new stake in shares of First Trust Institutional Preferred Securities and Income ETF in the first quarter valued at about $225,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in shares of First Trust Institutional Preferred Securities and Income ETF by 27.3% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 42,126 shares of the company's stock valued at $817,000 after buying an additional 9,041 shares during the last quarter.

First Trust Institutional Preferred Securities and Income ETF Stock Down 0.4 %

Shares of NYSEARCA:FPEI opened at $16.24 on Wednesday. The company has a 50-day simple moving average of $18.03 and a 200-day simple moving average of $17.80. First Trust Institutional Preferred Securities and Income ETF has a one year low of $16.10 and a one year high of $19.47.

First Trust Institutional Preferred Securities and Income ETF Company Profile

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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.

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