NEXT Financial Group Inc Trims Stock Position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

NEXT Financial Group Inc trimmed its stake in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 23.2% in the fourth quarter, Holdings Channel reports. The fund owned 18,111 shares of the company’s stock after selling 5,479 shares during the period. NEXT Financial Group Inc’s holdings in First Trust US Equity Opportunities ETF were worth $1,455,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of FPX. Strategic Wealth Partners Ltd. acquired a new position in shares of First Trust US Equity Opportunities ETF in the third quarter valued at approximately $22,747,000. FMR LLC purchased a new position in First Trust US Equity Opportunities ETF in the 1st quarter valued at $41,000. Price Wealth LLC purchased a new position in First Trust US Equity Opportunities ETF in the 3rd quarter valued at $44,000. Quad Cities Investment Group LLC increased its stake in First Trust US Equity Opportunities ETF by 36.5% in the 3rd quarter. Quad Cities Investment Group LLC now owns 740 shares of the company’s stock valued at $57,000 after buying an additional 198 shares during the period. Finally, CENTRAL TRUST Co purchased a new position in First Trust US Equity Opportunities ETF during the 4th quarter worth $76,000.

FPX stock opened at $83.94 on Wednesday. The company has a fifty day moving average of $80.70 and a 200-day moving average of $78.63. First Trust US Equity Opportunities ETF has a one year low of $67.03 and a one year high of $84.06.

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were paid a dividend of $0.1667 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.79%. This is a positive change from First Trust US Equity Opportunities ETF’s previous quarterly dividend of $0.05. The ex-dividend date was Friday, December 13th.

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.

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Want to see what other hedge funds are holding FPX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust US Equity Opportunities ETF (NYSEARCA:FPX).

Institutional Ownership by Quarter for First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

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