FPEI Stock Summary and Trading Ideas (First Trust Institutional Preferred Securities And Income ETF | ARCA:FPEI)

The First Trust Institutional Preferred Securities and Income ETF is an actively managed exchange-traded fund. The funds investment objective is to seek total return and to provide current income. Under normal market conditions, the Fund invests at least 80% of its net assets (including investment borrowings) in institutional preferred securities and income-producing debt securities.

First Trust Institutional Preferred Securities And Income ETF trades on the ARCA stock market under the symbol FPEI.

As of April 17, 2024, FPEI stock price climbed to $17.97 with 266,239 million shares trading.

FPEI has a beta of 0.35, meaning it tends to be less sensitive to market movements. FPEI has a correlation of 0.41 to the broad based SPY ETF.

FPEI has a market cap of $1.25 billion. This is considered a Small Cap stock.

In the last 3 years, FPEI stock traded as high as $21.72 and as low as $16.10.

FPEI has underperformed the market in the last year with a return of +12.6%, while the SPY ETF gained +23.0%. In the last 3 month period, FPEI fell short of the market, returning +2.3%, while SPY returned +5.7%. However, in the most recent 2 weeks FPEI has outperformed the stock market by returning -1.3%, while SPY returned -3.5%.

FPEI support price is $17.86 and resistance is $17.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FPEI stock will trade within this expected range on the day.