NewEdge Advisors LLC Has $4.22 Million Stock Position in First Trust US Equity Opportunities ETF $FPX

NewEdge Advisors LLC lowered its holdings in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 19.5% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 26,581 shares of the company’s stock after selling 6,453 shares during the period. NewEdge Advisors LLC owned about 0.36% of First Trust US Equity Opportunities ETF worth $4,221,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Comerica Bank grew its stake in shares of First Trust US Equity Opportunities ETF by 457.6% in the third quarter. Comerica Bank now owns 184 shares of the company’s stock worth $31,000 after purchasing an additional 151 shares during the last quarter. Fifth Third Bancorp acquired a new stake in First Trust US Equity Opportunities ETF in the first quarter valued at $32,000. Osbon Capital Management LLC bought a new position in First Trust US Equity Opportunities ETF during the 4th quarter worth $43,000. Whittier Trust Co. of Nevada Inc. bought a new position in First Trust US Equity Opportunities ETF during the 4th quarter worth $59,000. Finally, Flagship Harbor Advisors LLC acquired a new position 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 FPX opened at $179.92 on Friday. The stock’s 50-day moving average price is $191.65 and its two-hundred day moving average price is $177.26. First Trust US Equity Opportunities ETF has a 12 month low of $142.97 and a 12 month high of $206.18. The company has a market capitalization of $1.50 billion, a PE ratio of 32.81 and a beta of 1.26.

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. 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.