S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
The single greatest medical breakthrough of all time? (Ad)
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
Canadian autoworkers ratify new labor agreement with Ford
The single greatest medical breakthrough of all time? (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
The single greatest medical breakthrough of all time? (Ad)
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
Canadian autoworkers ratify new labor agreement with Ford
The single greatest medical breakthrough of all time? (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
The single greatest medical breakthrough of all time? (Ad)
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
Canadian autoworkers ratify new labor agreement with Ford
The single greatest medical breakthrough of all time? (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
The single greatest medical breakthrough of all time? (Ad)
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
Canadian autoworkers ratify new labor agreement with Ford
The single greatest medical breakthrough of all time? (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
NYSEARCA:FPEI

First Trust Institutional Preferred Securities and Income ETF (FPEI) Price, Holdings, & News

$16.91
+0.01 (+0.06%)
(As of 09/22/2023 ET)
Compare
Today's Range
$16.85
▼
$16.98
50-Day Range
$16.91
▼
$17.25
52-Week Range
$16.10
▼
$18.90
Volume
399,943 shs
Average Volume
453,460 shs
Market Capitalization
$977.40 million
Assets Under Management
$1.06 billion
Dividend Yield
5.56%
Net Expense Ratio
0.85%
ProfileChartDividendHeadlinesHoldings
FPEI stock logo

About First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI)

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. FPEI was launched on Aug 22, 2017 and is managed by First Trust.

FPEI Price History

FPEI ETF News Headlines

September 15, 2023 | benzinga.com
First Trust Energy Infrastructure Fund Issues Notice Regarding September 2023 Distribution
March 25, 2022 | seekingalpha.com
First Trust Institutional Preferred Securities and Income ETF declares monthly distribution of $0.0833
September 24, 2023 | Chaikin Analytics (Ad)
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
February 22, 2022 | seekingalpha.com
First Trust Institutional Preferred Securities and Income ETF declares monthly distribution of $0.0729
May 21, 2020 | finance.yahoo.com
First Trust Institutional Preferred Securities and Income ETF (FPEI)
May 16, 2020 | www.nasdaq.com
FPEI First Trust Institutional Preferred Securities and Income ETF
See More Headlines
Receive FPEI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for First Trust Institutional Preferred Securities and Income ETF and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer
First Trust
Fund Name
First Trust Institutional Preferred Securities and Income ETF
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:FPEI
Inception Date
8/22/2017
Fund Manager
Scott Fleming, Robert Wolf, Eric Weaver, Angelo Graci
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Multi Asset
Benchmark
N/A
Category
Asset Allocation
Focus
Target Outcome
Development Level
Blended Development
Region
Global
Number of Holdings
178

Fund Statistics

Assets Under Management
$1.06 billion
Average Daily Volume
$648,382.80
Discount/Premium
-0.04%

Administrator, Advisor and Custodian

Administrator
Brown Brothers Harriman & Co.
Advisor
First Trust Advisors L.P.
Custodian
Brown Brothers Harriman & Co.
Distributor
First Trust Portfolios L.P.
Transfer Agent
Brown Brothers Harriman & Co.
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
N/A
Short Interest
293,700 shs

Miscellaneous

Outstanding Shares
57,800,000
Beta
0.37
Creation Unit
50,000
Creation Fee
$500.00
20 Stocks to Sell Now Cover
20 Stocks to Sell Now

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

First Trust Institutional Preferred Securities and Income ETF Expenses

TypeFPEITarget Outcome ETFsMulti Asset ETFsNYSEARCA ETFsAll ETFs
Management Fee0.85%0.67%0.69%0.50%0.50%
Other Expenses0.00%1.06%0.77%0.64%0.57%
Total Expense0.85%1.43%1.21%0.74%0.69%
Fee Waiver0.00%-1.11%-0.75%-0.70%-0.59%
Net Expense0.85%0.94%0.91%0.57%0.57%

First Trust Institutional Preferred Securities and Income ETF (FPEI) Holdings & Exposure

Top 10 FPEI Holdings

  • The Toronto-Dominion Bank 8.13%
    Holding Weight: 3.20%
  • Us Dollars
    Holding Weight: 2.36%
  • Bank of America Corporation 6.13%
    Holding Weight: 2.34%
  • Intesa Sanpaolo S.p.A. 7.7%
    Holding Weight: 2.26%
  • Corebridge Financial Inc. 6.88%
    Holding Weight: 2.04%
  • ING Groep N.V. 7.5%
    Holding Weight: 2.04%
  • Bank of Nova Scotia 8.63%
    Holding Weight: 2.01%
  • Lincoln National Corporation 9.25%
    Holding Weight: 1.99%
  • Barclays PLC 8%
    Holding Weight: 1.82%
  • NatWest Group PLC 6%
    Holding Weight: 1.75%

FPEI Sector Exposure

FPEI Industry Exposure

Full Holdings Details













FPEI ETF - Frequently Asked Questions

How have FPEI shares performed in 2023?

First Trust Institutional Preferred Securities and Income ETF's stock was trading at $17.81 on January 1st, 2023. Since then, FPEI stock has decreased by 5.1% and is now trading at $16.91.
View the best growth stocks for 2023 here.

How often does First Trust Institutional Preferred Securities and Income ETF pay dividends? What is the dividend yield for First Trust Institutional Preferred Securities and Income ETF?

First Trust Institutional Preferred Securities and Income ETF announced a dividend on Wednesday, December 21st. Investors of record on Wednesday, June 28th will be given a dividend of $0.0946 per share on Friday, June 30th. The ex-dividend date of this dividend is Tuesday, June 27th.
Read our dividend analysis for FPEI.

What does FPEI invest in?

First Trust Institutional Preferred Securities and Income ETF is a multi asset fund issued by First Trust. FPEI focuses on target outcome investments. The fund's investments total to approximately $1.06 billion assets under management.

What is the management fee for First Trust Institutional Preferred Securities and Income ETF?

First Trust Institutional Preferred Securities and Income ETF's management fee is 0.85% and has no other recorded expenses or fee waivers. The net expense ratio for FPEI is 0.85%.

What other stocks do shareholders of First Trust Institutional Preferred Securities and Income ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Institutional Preferred Securities and Income ETF investors own include Vertex Pharmaceuticals (VRTX), Adobe (ADBE), Federal Agricultural Mortgage (AGM), Alteryx (AYX), Copart (CPRT), Medtronic (MDT), United Technologies (UTX), V.F. (VFC), American Assets Trust (AAT) and Analog Devices (ADI).

What is First Trust Institutional Preferred Securities and Income ETF's stock symbol?

First Trust Institutional Preferred Securities and Income ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "FPEI."

Who are First Trust Institutional Preferred Securities and Income ETF's major shareholders?

First Trust Institutional Preferred Securities and Income ETF's stock is owned by many different institutional and retail investors. Top institutional investors include Royal Bank of Canada (6.04%), Smith Chas P & Associates PA Cpas (3.87%), LPL Financial LLC (3.68%), Miracle Mile Advisors LLC (2.50%), Citizens Business Bank (1.82%) and Essex LLC (1.56%).

How do I buy shares of First Trust Institutional Preferred Securities and Income ETF?

Shares of FPEI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is First Trust Institutional Preferred Securities and Income ETF's stock price today?

One share of FPEI stock can currently be purchased for approximately $16.91.

How much money does First Trust Institutional Preferred Securities and Income ETF make?

First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) has a market capitalization of $977.40 million.

This page (NYSEARCA:FPEI) was last updated on 9/24/2023 by MarketBeat.com Staff

My Account -