First Trust Institutional Preferred Securities and Income ETF - FPEI Stock Forecast, Price & News

First Trust Institutional Preferred Securities and Income ETF's stock was trading at $20.40 at the start of the year. Since then, FPEI stock has decreased by 8.5% and is now trading at $18.66.
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First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) pays an annual dividend of $0.90 per share and currently has a dividend yield of 4.83%. FPEI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for FPEI.

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).

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

First Trust Institutional Preferred Securities and Income ETF's stock is owned by many different retail and institutional investors. Top institutional investors include Walker Asset Management LLC (32.68%), UBS Group AG (8.42%), Essex LLC (3.10%), LPL Financial LLC (1.90%), Adamsbrown Wealth Consultants LLC (1.30%) and Cherry Creek Investment Advisors Inc. (1.30%).

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.
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One share of FPEI stock can currently be purchased for approximately $18.66.

First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) has a market capitalization of $604.58 million.