Archer Investment Corp trimmed its holdings in shares of First Trust Preferred Securities and Income ETF ( NYSEARCA:FPE – Get Rating ) by 1.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 521,298 shares of the company's stock after selling 9,571 shares during the period. First Trust Preferred Securities and Income ETF makes up approximately 3.4% of Archer Investment Corp's holdings, making the stock its 3rd largest position. Archer Investment Corp owned approximately 0.

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