QCI Asset Management Inc. NY Acquires 26,450 Shares of First Trust Preferred Securities and Income ETF (FPE)

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QCI Asset Management Inc. NY raised its holdings in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) by 3.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 856,300 shares of the company’s stock after buying an additional 26,450 shares during the period. First Trust Preferred Securities and Income ETF makes up approximately 1.6% of QCI Asset Management Inc. NY’s portfolio, making the stock its 28th largest position. QCI Asset Management Inc. NY’s holdings in First Trust Preferred Securities and Income ETF were worth $16,321,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of FPE. Royal Bank of Canada raised its holdings in shares of First Trust Preferred Securities and Income ETF by 10.5% in the 1st quarter. Royal Bank of Canada now owns 8,151,283 shares of the company’s stock valued at $158,625,000 after purchasing an additional 777,794 shares in the last quarter. Millennium Management LLC raised its holdings in shares of First Trust Preferred Securities and Income ETF by 19.5% in the 4th quarter. Millennium Management LLC now owns 142,030 shares of the company’s stock valued at $2,842,000 after purchasing an additional 23,158 shares in the last quarter. Prospera Financial Services Inc acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the 2nd quarter valued at $2,548,000. Cornerstone Wealth Management LLC acquired a new stake in shares of First Trust Preferred Securities and Income ETF in the 2nd quarter valued at $9,160,000. Finally, Good Life Advisors LLC raised its holdings in shares of First Trust Preferred Securities and Income ETF by 103.6% in the 1st quarter. Good Life Advisors LLC now owns 34,271 shares of the company’s stock valued at $665,000 after purchasing an additional 17,439 shares in the last quarter.

Shares of FPE opened at $19.23 on Friday. First Trust Preferred Securities and Income ETF has a twelve month low of $18.97 and a twelve month high of $20.21.

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 31st. Stockholders of record on Monday, July 23rd were issued a $0.0764 dividend. The ex-dividend date was Friday, July 20th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.77%.

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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).

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

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