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S&P 500   4,282.37
DOW   33,762.76
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MarketBeat Week in Review – 5/29 - 6/2
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Surprising "Twist" Hands Biden Landslide Re-election? (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
NYSEARCA:FPEI

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

$16.85
+0.05 (+0.30%)
(As of 06/2/2023 ET)
Compare
Today's Range
$16.81
▼
$16.88
50-Day Range
$16.24
▼
$16.94
52-Week Range
$16.10
▼
$18.90
Volume
408,277 shs
Average Volume
519,547 shs
Market Capitalization
$945.29 million
Assets Under Management
$942.34 million
Dividend Yield
5.58%
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.

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FPEI ETF News Headlines

May 24, 2023 | americanbankingnews.com
First Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) Sees Strong Trading Volume
March 25, 2022 | seekingalpha.com
First Trust Institutional Preferred Securities and Income ETF declares monthly distribution of $0.0833
June 3, 2023 | Behind the Markets (Ad)
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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

FPEI Price History

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
177

Fund Statistics

Assets Under Management
$942.34 million
Average Daily Volume
$648,382.80
Discount/Premium
1.99%

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
197,400 shs

Miscellaneous

Outstanding Shares
56,100,000
Beta
0.37
Creation Unit
50,000
Creation Fee
$500.00


First Trust Institutional Preferred Securities and Income ETF Expenses

TypeFPEITarget Outcome ETFsMulti Asset ETFsNYSEARCA ETFsAll ETFs
Management Fee0.85%0.66%0.67%0.50%0.49%
Other Expenses0.00%0.97%0.75%0.64%0.51%
Total Expense0.85%1.31%1.16%0.74%0.66%
Fee Waiver0.00%-0.92%-0.66%-0.69%-0.52%
Net Expense0.85%0.90%0.89%0.57%0.55%

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

Top 10 FPEI Holdings

  • The Toronto-Dominion Bank 8.13%
    Holding Weight: 3.47%
  • Us Dollars
    Holding Weight: 2.54%
  • Bank of America Corporation 6.13%
    Holding Weight: 2.42%
  • Intesa Sanpaolo S.p.A. 7.7%
    Holding Weight: 2.26%
  • Bank of Nova Scotia 8.63%
    Holding Weight: 2.14%
  • Lincoln National Corporation 9.25%
    Holding Weight: 2.08%
  • Corebridge Financial Inc. 6.88%
    Holding Weight: 2.03%
  • PNC Financial Services Group Inc 6.2%
    Holding Weight: 1.85%
  • NatWest Group PLC 6%
    Holding Weight: 1.83%
  • Highlands Holdings Bond Issuer Limited / Highlands Holdings Bond Co-Issuer
    Holding Weight: 1.70%

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 at the start of the year. Since then, FPEI shares have decreased by 5.4% and is now trading at $16.85.
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, May 24th will be paid a dividend of $0.0946 per share on Wednesday, May 31st. The ex-dividend date is Tuesday, May 23rd.
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 $942.34 million 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 a number of retail and institutional investors. Top institutional investors include UBS Group AG (6.51%), Bank of America Corp DE (4.19%), Smith Chas P & Associates PA Cpas (3.76%), LPL Financial LLC (3.46%), Miracle Mile Advisors LLC (2.71%) and Citizens Business Bank (1.96%).

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 $16.85.

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 $945.29 million.

This page (NYSEARCA:FPEI) was last updated on 6/3/2023 by MarketBeat.com Staff

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