FPEI Shares Break Above Key 200-Day Moving Average

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On Friday, shares of the First Trust Institutional Preferred Securities and Income ETF (FPEI) surpassed their 200-day moving average of $19.31, reaching a high of $19.34 per share. Currently, the shares are trading up approximately 0.3% on the day.

FPEI’s 52-week trading range reflects a low of $18.49 and a high of $19.61, with the last trade recorded at $19.33.

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