NYSEARCA:FPEI

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

$17.92
-0.04 (-0.22%)
(As of 12:02 PM ET)
Today's Range
$17.90
$17.97
50-Day Range
$17.91
$18.26
52-Week Range
$16.39
$18.28
Volume
60,037 shs
Average Volume
318,185 shs
Market Capitalization
$1.25 billion
Assets Under Management
$1.25 billion
Dividend Yield
5.25%
Net Expense Ratio
0.85%
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 Stock Price History

FPEI ETF News Headlines

See this before next week's Fed meeting
See this before next week's Fed Meeting Doc Eifrig just released a new video detailing "the perilous moment Americans are in right now." Angry voters, mounting government debt, and blood in the streets… But he's got a way out – a unique way to come out on top no matter who wins this presidential election. (Last time we shared this, it led to a 995% gain.)
FIRST INDUSTRIAL REALTY TRUST REPORTS THIRD QUARTER 2023 RESULTS
See this before next week's Fed meeting
See this before next week's Fed Meeting Doc Eifrig just released a new video detailing "the perilous moment Americans are in right now." Angry voters, mounting government debt, and blood in the streets… But he's got a way out – a unique way to come out on top no matter who wins this presidential election. (Last time we shared this, it led to a 995% gain.)
See More Headlines
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Fund Details

Issuer
First Trust
Fund Name
First Trust Institutional Preferred Securities and Income ETF
Tax Classification
Regulated Investment Company
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
169

Fund Statistics

Assets Under Management
$1.25 billion
Average Daily Volume
$337,253.40
Discount/Premium
-0.01%

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
52,300 shs

Miscellaneous

Beta
0.20
Creation Unit
50,000
Creation Fee
$500.00
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First Trust Institutional Preferred Securities and Income ETF Expenses

TypeFPEITarget Outcome ETFsMulti Asset ETFsNYSEARCA ETFsAll ETFs
Management Fee0.85%0.68%0.69%0.50%0.51%
Other Expenses0.00%1.01%0.79%0.64%0.58%
Total Expense0.85%1.36%1.21%0.74%0.70%
Fee Waiver0.00%-1.16%-0.69%-0.68%-0.57%
Net Expense0.85%0.91%0.94%0.58%0.58%

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

Top 10 FPEI Holdings

  • The Toronto-Dominion Bank 8.125%
    Holding Weight: 2.59%
  • ING Groep N.V. 7.5%
    Holding Weight: 2.08%
  • Lloyds Banking Group PLC 8%
    Holding Weight: 2.02%
  • Global Atlantic Finance Co. 4.7%
    Holding Weight: 1.97%
  • BNP Paribas SA 8.5%
    Holding Weight: 1.92%
  • Bank of America Corp. 6.125%
    Holding Weight: 1.88%
  • Intesa Sanpaolo S.p.A. 7.7%
    Holding Weight: 1.88%
  • JPMorgan Chase & Co. 6.875%
    Holding Weight: 1.80%
  • Energy Transfer LP 7.125%
    Holding Weight: 1.75%
  • NatWest Group PLC 6%
    Holding Weight: 1.68%

FPEI Sector Exposure

FPEI Industry Exposure


FPEI ETF - Frequently Asked Questions

How have FPEI shares performed in 2024?

First Trust Institutional Preferred Securities and Income ETF's stock was trading at $17.83 on January 1st, 2024. Since then, FPEI shares have increased by 0.6% and is now trading at $17.94.
View the best growth stocks for 2024 here
.

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 $1.25 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).

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 Citizens Business Bank (1.70%), Miracle Mile Advisors LLC (1.36%), Raymond James Financial Services Advisors Inc. (1.13%), Raymond James & Associates (0.74%), Elevated Capital Advisors LLC (0.71%) and Flagstar Advisors Inc. (0.43%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:FPEI) was last updated on 4/25/2024 by MarketBeat.com Staff

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