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) Add Compare Share Share Today's Range$16.81▼$16.8850-Day Range$16.24▼$16.9452-Week Range$16.10▼$18.90Volume408,277 shsAverage Volume519,547 shsMarket Capitalization$945.29 millionAssets Under Management$942.34 millionDividend Yield5.58%Net Expense Ratio0.85% ProfileProfileChartDividendHeadlinesHoldingsProfileChartDividendHeadlinesHoldings 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.Read More 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. Email Address FPEI ETF News HeadlinesMay 24, 2023 | americanbankingnews.comFirst Trust Institutional Preferred Securities and Income ETF (NYSEARCA:FPEI) Sees Strong Trading VolumeMarch 25, 2022 | seekingalpha.comFirst Trust Institutional Preferred Securities and Income ETF declares monthly distribution of $0.0833June 3, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>February 22, 2022 | seekingalpha.comFirst Trust Institutional Preferred Securities and Income ETF declares monthly distribution of $0.0729May 21, 2020 | finance.yahoo.comFirst Trust Institutional Preferred Securities and Income ETF (FPEI)May 16, 2020 | www.nasdaq.comFPEI First Trust Institutional Preferred Securities and Income ETFSee More Headlines FPEI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Fund Details IssuerFirst Trust Fund NameFirst Trust Institutional Preferred Securities and Income ETF Tax ClassificationRegulated Investment Company Stock ExchangeNYSEARCACurrent SymbolNYSEARCA:FPEI Inception Date8/22/2017 Fund ManagerScott Fleming, Robert Wolf, Eric Weaver, Angelo Graci WebN/A PhoneN/AFund Focus Asset ClassMulti Asset BenchmarkN/A CategoryAsset Allocation FocusTarget Outcome Development LevelBlended Development RegionGlobal Number of Holdings177 Fund Statistics Assets Under Management$942.34 million Average Daily Volume$648,382.80 Discount/Premium1.99% Administrator, Advisor and Custodian AdministratorBrown Brothers Harriman & Co. AdvisorFirst Trust Advisors L.P. CustodianBrown Brothers Harriman & Co. DistributorFirst Trust Portfolios L.P. Transfer AgentBrown Brothers Harriman & Co. TrusteeN/A Lead Market MakerJane Street Options OptionableN/A Short Interest197,400 shs Miscellaneous Outstanding Shares56,100,000Beta0.37 Creation Unit50,000 Creation Fee$500.00 First Trust Institutional Preferred Securities and Income ETF ExpensesTypeFPEITarget Outcome ETFsMulti Asset ETFsNYSEARCA ETFsAll ETFsManagement 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 & ExposureTop 10 FPEI HoldingsThe Toronto-Dominion Bank 8.13%Holding Weight: 3.47%Us DollarsHolding 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-IssuerHolding Weight: 1.70%FPEI Sector ExposureFPEI Industry ExposureFull Holdings Details Similar ETFsiShares GSCI Commodity Dynamic Roll Strategy ETFNASDAQ:COMTWisdomTree U.S. Efficient Core FundNYSEARCA:NTSXInvesco CEF Income Composite ETFNYSEARCA:PCEFCabana Target Drawdown 10 ETFNASDAQ:TDSCMulti-Asset Diversified Income Index FundNYSEARCA:MDIVInstitutional OwnershipJPMorgan Chase & Co.Bought 2,526 shares on 5/18/2023Ownership: 0.005%Rockefeller Capital Management L.P.Bought 8,047 shares on 5/17/2023Ownership: 0.196%Thrivent Financial for LutheransBought 3,537 shares on 5/17/2023Ownership: 0.075%Snowden Capital Advisors LLCBought 16,192 shares on 5/16/2023Ownership: 0.454%Mercer Global Advisors Inc. ADVBought 1,901 shares on 5/16/2023Ownership: 0.041%View All Institutional Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Trust Institutional Preferred Securities and Income ETF Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.