FT Energy Income Partners Strategy ETF $EIPX is AlTi Global Inc.’s 9th Largest Position

AlTi Global Inc. raised its stake in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) by 1.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,173,401 shares of the company’s stock after buying an additional 79,678 shares during the period. FT Energy Income Partners Strategy ETF makes up approximately 2.7% of AlTi Global Inc.’s holdings, making the stock its 9th largest holding. AlTi Global Inc. owned about 28.58% of FT Energy Income Partners Strategy ETF worth $106,985,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in EIPX. Jaffetilchin Investment Partners LLC purchased a new position in FT Energy Income Partners Strategy ETF in the first quarter valued at about $308,000. Summit Trail Advisors LLC increased its holdings in FT Energy Income Partners Strategy ETF by 4.1% in the first quarter. Summit Trail Advisors LLC now owns 103,252 shares of the company’s stock valued at $2,690,000 after buying an additional 4,110 shares in the last quarter. Sigma Planning Corp purchased a new position in FT Energy Income Partners Strategy ETF in the first quarter valued at about $228,000. Private Advisor Group LLC increased its holdings in FT Energy Income Partners Strategy ETF by 0.5% in the first quarter. Private Advisor Group LLC now owns 334,326 shares of the company’s stock valued at $8,709,000 after buying an additional 1,719 shares in the last quarter. Finally, Kestra Private Wealth Services LLC purchased a new position in shares of FT Energy Income Partners Strategy ETF during the 1st quarter worth approximately $396,000.

FT Energy Income Partners Strategy ETF Price Performance

Shares of EIPX opened at $26.26 on Friday. The firm has a 50 day simple moving average of $26.07 and a 200-day simple moving average of $25.47. FT Energy Income Partners Strategy ETF has a 1-year low of $21.94 and a 1-year high of $26.71. The stock has a market cap of $391.27 million, a price-to-earnings ratio of 14.99 and a beta of 1.20.

FT Energy Income Partners Strategy ETF Company Profile

The FT Energy Income Partners Strategy ETF (EIPX) is an exchange-traded fund that mostly invests in energy equity. The fund seeks risk-adjusted total return through an actively managed portfolio of global stocks in the energy sector, as broadly defined by the funds sub-adviser. EIPX was launched on Nov 2, 2022 and is managed by First Trust.