Merit Financial Group’s First Trust Institutional Preferred Securities and Income ETF FPEI Stock Holding History

Merit Financial Group’s Portfolio FPEI Stock Details FPEI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$3.38M	Sell	175,242 -318,465	-65%	-$6.12M	0.02%	547
2026 Q1	$9.38M	Sell	493,707 -1,359,134	-73%	-$26.3M	0.07%	238
2025 Q4	$35.9M	Buy	1,852,841 +199,054	+12%	+$3.86M	0.29%	70
2025 Q3	$32M	Buy	1,653,787 +97,331	+6%	+$1.86M	0.29%	70
2025 Q2	$29.6M	Buy	1,556,456 +112,753	+8%	+$2.1M	0.33%	54
2025 Q1	$27M	Buy	+1,443,703	New	+$27.1M	0.4%	50
2020 Q1	–	Sell	-80,928	Closed	-$1.62M	–	233
2019 Q4	$1.62M	Buy	80,928 +15,657	+24%	+$312K	0.14%	57
2019 Q3	$1.28M	Buy	+65,271	New	+$1.28M	0.14%	39

Other funds holding FPEI

AAS

Annex Advisory Services Brookfield, Wisconsin $5.86B AUM 21.83% 1-Year Est. Return

IIA

Integral Investment Advisors Turlock, California $454M AUM 21.42% 1-Year Est. Return

PNC

Park National Corp Newark, Ohio $3.57B AUM 22.83% 1-Year Est. Return

PFS

Prospera Financial Services Dallas, Texas $6.89B AUM 37.41% 1-Year Est. Return

AWC

Adamsbrown Wealth Consultants Wichita, Kansas $530M AUM 23.21% 1-Year Est. Return

VPWL

VAQUERO PRIVATE WEALTH, LTD Dallas, Texas $486M AUM

TBF

True Blue Financial Stevensville, Michigan $237M AUM

WCM

Winebrenner Capital Management Louisville, Kentucky $164M AUM 12.81% 1-Year Est. Return

SWM

StoneCrest Wealth Management Chandler, Arizona $313M AUM 57.57% 1-Year Est. Return

BFG

Beacon Financial Group Dallas, Texas $1.1B AUM 21.5% 1-Year Est. Return

Merit Financial Group's FPEI Position: Q2 2026 in Review

Merit Financial Group reduced its First Trust Institutional Preferred Securities and Income ETF (FPEI) stake by 65% in Q2 2026, selling an estimated $6.12M and leaving 175,242 shares worth $3.38M. The position accounts for 0.02% of the portfolio, ranked #547.

Merit Financial Group first reported a position in FPEI in Q3 2019 and has held it in 8 quarters since. The position peaked at $35.9M in Q4 2025. 28 funds tracked by Wall St. Rank hold FPEI as of Q2 2026.

Merit Financial Group held 175,242 shares of First Trust Institutional Preferred Securities and Income ETF worth $3.38M as of Q2 2026.
Merit Financial Group sold 318,465 First Trust Institutional Preferred Securities and Income ETF shares in Q2 2026, an estimated $6.12M.
First Trust Institutional Preferred Securities and Income ETF made up 0.02% of Merit Financial Group's portfolio in Q2 2026, its #547 holding.
Merit Financial Group first reported a position in First Trust Institutional Preferred Securities and Income ETF in Q3 2019 and has held it in 8 quarters since.
Merit Financial Group's First Trust Institutional Preferred Securities and Income ETF position peaked at $35.9M in Q4 2025.
28 funds tracked by Wall St. Rank held First Trust Institutional Preferred Securities and Income ETF as of Q2 2026.

Based on Merit Financial Group's 13F filing for Q2 2026, filed 17 Jul 2026.