Cetera Investment Advisers Sells 1,128 Shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Cetera Investment Advisers reduced its position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 1.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,309 shares of the company’s stock after selling 1,128 shares during the period. Cetera Investment Advisers owned approximately 1.39% of First Trust US Equity Opportunities ETF worth $12,107,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Bank of America Corp DE lifted its stake in shares of First Trust US Equity Opportunities ETF by 10.2% in the fourth quarter. Bank of America Corp DE now owns 142,375 shares of the company’s stock valued at $17,015,000 after buying an additional 13,197 shares in the last quarter. Raymond James Financial Inc. acquired a new position in First Trust US Equity Opportunities ETF during the 4th quarter valued at about $14,196,000. Congress Wealth Management LLC DE increased its holdings in First Trust US Equity Opportunities ETF by 0.4% during the 4th quarter. Congress Wealth Management LLC DE now owns 79,140 shares of the company’s stock worth $9,458,000 after purchasing an additional 350 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in First Trust US Equity Opportunities ETF by 43.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 76,318 shares of the company’s stock worth $9,121,000 after purchasing an additional 23,228 shares in the last quarter. Finally, Truist Financial Corp lifted its holdings in shares of First Trust US Equity Opportunities ETF by 61.3% in the fourth quarter. Truist Financial Corp now owns 61,185 shares of the company’s stock valued at $7,312,000 after purchasing an additional 23,260 shares in the last quarter.

First Trust US Equity Opportunities ETF Stock Down 0.4 %

Shares of NYSEARCA:FPX opened at $125.80 on Friday. The stock has a market cap of $817.70 million, a price-to-earnings ratio of 28.17 and a beta of 1.24. The business’s 50 day moving average is $113.41 and its 200 day moving average is $121.45. First Trust US Equity Opportunities ETF has a 12-month low of $88.74 and a 12-month high of $143.53.

First Trust US Equity Opportunities ETF Company Profile

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.