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First Trust Institutional Preferred Securities and Income ETF

FPEIARCA
Logo brought to you by Benzinga Data
$18.49
0.030.16%
At Close: -
15 minutes delayed
The dividend Ex-Date was 4 days ago
Sector
Financial Services
Region
US
AUM
1.30B
Fund Score

First Trust Institutional Preferred Securities and Income ETF (ARCA:FPEI) Quotes, Forecast and News Summary

First Trust Institutional Preferred Securities and Income ETF (ARCA: FPEI) stock price, news, charts, stock research, profile.

Open$18.51
High$18.51
52 Wk High18.69
AUM1.30B
Dividend$1.02
Ex-Div DateJul 23, 2024
Volume310.82K
Market Cap$263.22B
Mgmt Fee0.85%
P/E Ratio9.93
Prev. Close$18.46
Low$18.47
52 Wk Low16.44
Shares Out69.50M
Yield5.54%
Div. FreqMonthly
Avg. Volume Daily260.42K
Beta0.42
Avg. Expense Ratio0.85%
P/B Ratio0.90

Recent News

FAQ

Q

How do I buy First Trust Institutional Preferred Securities and Income ETF (FPEI) stock?

A

You can purchase shares of First Trust Institutional Preferred Securities and Income ETF (ARCA:FPEI) through any online brokerage.

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Q

Who are First Trust Institutional Preferred Securities and Income ETF (FPEI) competitors?

A

There are no as such competitors for First Trust Institutional Preferred Securities and Income ETF.

Q

What is the target price for First Trust Institutional Preferred Securities and Income ETF (FPEI) stock?

A

There is no analysis for First Trust Institutional Preferred Securities and Income ETF.

Q

What is the forecast for First Trust Institutional Preferred Securities and Income ETF (FPEI) stock?

A

There is no analysis for First Trust Institutional Preferred Securities and Income ETF to provide a consensus price target.

Q

Current stock price for First Trust Institutional Preferred Securities and Income ETF (FPEI)?

A

The stock price for First Trust Institutional Preferred Securities and Income ETF (ARCA: FPEI) is $18.49 last updated Today at July 26, 2024 at 8:00 PM EDT.

Q

Does First Trust Institutional Preferred Securities and Income ETF (FPEI) pay a dividend?

A

A quarterly cash dividend of 0.09 per share of Class A Common Stock. The quarterly cash dividend was payable on July 31, 2024 to stockholders of record on July 23, 2024.

Q

When is First Trust Institutional Preferred Securities and Income ETF (ARCA:FPEI) reporting earnings?

A

First Trust Institutional Preferred Securities and Income ETF does not have any upcoming earnings scheduled.

Q

Is First Trust Institutional Preferred Securities and Income ETF (FPEI) going to split?

A

There is no upcoming split for First Trust Institutional Preferred Securities and Income ETF.

ETF Details
SectorFinancial Services
CategoryLow Performer-Low Growth
Investment StylePreferred Stock
Fund InceptionAug 22, 2017
Managers
Angelo Graci
Eric Weaver
Robert Wolf
DefinitionCompanies with inferior financial performance and low growth potential dominate this Equity Fund's portfolio
Investment Policy
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 companys assets, but are generally junior to all forms of the companys debt, including both senior and subordinated debt. The funds investments in preferred securities will primarily be in institutional preferred securities. It is non-diversified.