NewEdge Advisors LLC reduced its position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX – Free Report) by 19.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,581 shares of the company’s stock after selling 6,453 shares during the quarter. NewEdge Advisors LLC’s holdings in First Trust US Equity Opportunities ETF were worth $4,221,000 as of its most recent filing with the SEC.
Several other large investors also recently modified their holdings of the company. Comerica Bank raised its stake in First Trust US Equity Opportunities ETF by 457.6% during the third quarter. Comerica Bank now owns 184 shares of the company’s stock worth $31,000 after buying an additional 151 shares during the last quarter. Fifth Third Bancorp acquired a new position in First Trust US Equity Opportunities ETF in the first quarter valued at $32,000. Osbon Capital Management LLC bought a new stake in First Trust US Equity Opportunities ETF during the fourth quarter valued at $43,000. Whittier Trust Co. of Nevada Inc. bought a new stake in First Trust US Equity Opportunities ETF during the fourth quarter valued at $59,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in First Trust US Equity Opportunities ETF during the 4th quarter worth about $85,000.
First Trust US Equity Opportunities ETF Trading Up 4.2%
Shares of First Trust US Equity Opportunities ETF stock opened at $179.92 on Friday. The business has a 50-day moving average price of $191.65 and a two-hundred day moving average price of $177.26. First Trust US Equity Opportunities ETF has a 1-year low of $142.97 and a 1-year high of $206.18. The company has a market cap of $1.50 billion, a P/E ratio of 32.81 and a beta of 1.26.
About First Trust US Equity Opportunities ETF
First Trust US IPO Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the IPOX-100 U.S. Index (the Index). The Fund will normally invest at least 90% of its assets in common stocks that comprise the Index. The Index is a modified value-weighted price index measuring the performance of the top 100 United States companies ranked quarterly by market capitalization in the IPOX Global Composite Index. The Index utilizes a 10% capping on all constituents and includes the 100 largest, typically best-performing and most liquid initial public offerings (IPOs) of the United States companies in the IPOX Global Composite Index.
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