First Trust Institutional Preferred Securities & Income ETF (FPEI)
Flagstar Advisors Inc. Decreases Holdings in First Trust Institutional Preferred Securities and Income ETF $FPEI
Flagstar Advisors Inc. decreased its stake in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 46.2% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,005 shares of the company's stock after selling 26,602 shares during the
First Trust Institutional Preferred Securities and Income ETF $FPEI Holdings Reduced by Adamsbrown Wealth Consultants LLC
Adamsbrown Wealth Consultants LLC cut its position in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 49.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 436,430 shares of the company's stock after selling 426,594
First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) Short Interest Update
First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI - Get Free Report) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 519,480 shares, an increase of 431.4% from the December 31st total of 97,754 shares. Currently, 0.5% of the
First Trust Institutional Preferred Securities and Income ETF $FPEI Stock Holdings Increased by Commonwealth Equity Services LLC
Commonwealth Equity Services LLC grew its holdings in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 13.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 328,185 shares of the company's stock after purchasing an additional 39,168 shares during
Geneos Wealth Management Inc. Raises Position in First Trust Institutional Preferred Securities and Income ETF $FPEI
Geneos Wealth Management Inc. lifted its stake in First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 202.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 324,397 shares of the company's stock after purchasing an additional 217,079 shares during
Baird Financial Group Inc. Has $15.12 Million Stock Position in First Trust Institutional Preferred Securities and Income ETF $FPEI
Baird Financial Group Inc. increased its position in shares of First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) by 5.1% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 795,921 shares of the company's stock after purchasing an additional
Preferred Stock ETF (FPEI) Hits Fresh 52-Week High
First Trust Institutional Preferred Securities and Income ETF hits a 52-week high, lifted by easing rates.
FPEI: A Good Mix Of Preferred Stock And Debt
First Trust Institutional Preferred Securities and Income ETF offers strong income generation with a 30-Day SEC Yield of 5.15%, focusing on institutional preferred securities. FPEI's diversified holdings include top international banks and an energy company, providing a steady income stream and reduced issuer-specific risks. The fund's active management and focus on institutional preferreds set it apart, offering potential outperformance despite a higher expense ratio of 0.85%.
Opportunities In The Preferreds Sector
We take a look at the preferreds sector across individual preferreds and funds. Preferreds offer high tax-adjusted yields for high-rate taxpayers and can act as "drier-powder" options. Individual preferreds offer advantages over passive ETFs in the $25-par market.
Preferreds Weekly Review: Historic Drawdowns Are Relevant Again
We take a look at the action in preferreds and baby bonds through the fourth week of February and highlight some of the key themes we are watching. Preferreds had a strong week with a 1%+ return, driven by a drop in Treasury yields and compression in credit spreads. Different preferreds sectors have different drawdown profiles, offering investors an opportunity to tilt to more resilient securities in anticipation of the next drawdown.
FPEI: Another Instrument To Play The Regional Banks Crisis
The First Trust Institutional Preferred Securities and Income ETF is a preferred securities fund. The fund is overweight bank preferred securities, with insurance and capital markets being the next highest segments.