First Trust Preferred Securities and Income ETF
363 hedge funds and large institutions have $4.47B invested in First Trust Preferred Securities and Income ETF in 2021 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 190 increasing their positions, 71 reducing their positions, and 34 closing their positions.
168% more repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 71
32% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 34
8% more capital invested
Capital invested by funds: $4.12B → $4.47B (+$346M)
3% more funds holding in top 10
Funds holding in top 10: 36 → 37 (+1)
2% more funds holding
Funds holding: 356 → 363 (+7)
0.05% less ownership
Funds ownership: 58.69% → 58.64% (-0.05%)
Top Buyers
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$76.3M |
| 2 |
Morgan Stanley
New York
|
+$74M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$35.4M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$33.4M |
| 5 |
LPL Financial
San Diego,
California
|
+$31.9M |
Top Sellers
FPE Hedge Fund Activity: Q3 2021 in Review
363 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Preferred Securities and Income ETF (FPE) for Q3 2021, worth a combined $4.47B — up 8.4% from $4.12B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new FPE positions and 34 closed out — a net gain of 11 holders — while 190 added to existing stakes and 71 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, opening a new position worth an estimated $76.3M. The largest seller was AE Wealth Management, cutting an estimated $48.4M.
- 363 institutional investors held First Trust Preferred Securities and Income ETF (FPE) as of Q3 2021, up from 356 in Q2 2021.
- Funds reported $4.47B of First Trust Preferred Securities and Income ETF stock for Q3 2021, up 8.4% quarter-over-quarter.
- 45 funds opened new First Trust Preferred Securities and Income ETF positions in Q3 2021 and 34 closed out, a net change of +11 holders.
- The largest First Trust Preferred Securities and Income ETF buyer in Q3 2021 was Wealth Enhancement Advisory Services, an estimated $76.3M added.
- The largest First Trust Preferred Securities and Income ETF seller in Q3 2021 was AE Wealth Management, an estimated $48.4M sold.
Based on aggregated 13F filings for Q3 2021.