Wedbush Securities Inc. Increases Position in First Trust US Equity Opportunities ETF $FPX

Wedbush Securities Inc. increased its position in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 30.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,651 shares of the company’s stock after purchasing an additional 616 shares during the period. Wedbush Securities Inc.’s holdings in First Trust US Equity Opportunities ETF were worth $384,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Trust Co. of Toledo NA OH bought a new position in First Trust US Equity Opportunities ETF in the 2nd quarter worth $29,000. Hazlett Burt & Watson Inc. boosted its stake in shares of First Trust US Equity Opportunities ETF by 238.8% in the second quarter. Hazlett Burt & Watson Inc. now owns 227 shares of the company’s stock worth $33,000 after acquiring an additional 160 shares during the period. First Horizon Advisors Inc. bought a new position in shares of First Trust US Equity Opportunities ETF in the second quarter worth about $43,000. Assetmark Inc. grew its position in shares of First Trust US Equity Opportunities ETF by 21.0% during the first quarter. Assetmark Inc. now owns 479 shares of the company’s stock worth $54,000 after purchasing an additional 83 shares in the last quarter. Finally, Atlantic Union Bankshares Corp bought a new stake in First Trust US Equity Opportunities ETF during the 2nd quarter valued at approximately $58,000.

First Trust US Equity Opportunities ETF Price Performance

FPX stock opened at $163.62 on Wednesday. First Trust US Equity Opportunities ETF has a 1-year low of $94.13 and a 1-year high of $171.01. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 32.81 and a beta of 1.26. The business has a 50 day simple moving average of $163.17 and a two-hundred day simple moving average of $149.20.

First Trust US Equity Opportunities ETF 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.