FPEI
First Trust Institutional Preferred Securities and Income ETF Stock Forecast
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What is First Trust Institutional Preferred Securities and Income ETF stock symbol ?
First Trust Institutional Preferred Securities and Income ETF is a US stock and trading under the symbol FPEI
What is First Trust Institutional Preferred Securities and Income ETF stock quote today ?
First Trust Institutional Preferred Securities and Income ETF stock price is $19.35 today.
Is First Trust Institutional Preferred Securities and Income ETF stock public?
Yes, First Trust Institutional Preferred Securities and Income ETF is a publicly traded company.
Company Profile
- Volume Average 314.11K
- Market Capitalization 1.29B
- Headquarters US
- IPO Date 2017-08-23
The fund invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt securities ("Income Securities"). Preferred securities are a type of equity security that have preference over common stock in the payment of distributions and the liquidation of a company's assets, but are generally junior to all forms of the company's debt, including both senior and subordinated debt. The fund's investments in preferred securities will primarily be in institutional preferred securities.
