FT Energy Income Partners Strategy ETF $EIPX Shares Acquired by Royal Bank of Canada

Royal Bank of Canada increased its holdings in shares of FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) by 192.7% during the first quarter, HoldingsChannel reports. The institutional investor owned 36,454 shares of the company’s stock after acquiring an additional 23,998 shares during the period. Royal Bank of Canada’s holdings in FT Energy Income Partners Strategy ETF were worth $1,172,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in EIPX. Fifth Third Bancorp purchased a new stake in FT Energy Income Partners Strategy ETF in the 1st quarter worth $26,000. Van Diest Capital LLC acquired a new position in FT Energy Income Partners Strategy ETF during the fourth quarter worth $226,000. D.A. Davidson & CO. purchased a new position in FT Energy Income Partners Strategy ETF during the first quarter valued at $271,000. Jane Street Group LLC acquired a new stake in shares of FT Energy Income Partners Strategy ETF in the first quarter valued at about $324,000. Finally, Private Advisor Group LLC grew its position in shares of FT Energy Income Partners Strategy ETF by 41.4% in the third quarter. Private Advisor Group LLC now owns 17,000 shares of the company’s stock valued at $445,000 after purchasing an additional 4,977 shares during the period.

FT Energy Income Partners Strategy ETF Stock Up 0.1%

EIPX stock opened at $33.49 on Friday. FT Energy Income Partners Strategy ETF has a 52 week low of $25.38 and a 52 week high of $33.84. The firm has a 50-day simple moving average of $32.15 and a 200-day simple moving average of $31.79. The stock has a market capitalization of $579.38 million, a P/E ratio of 14.99 and a beta of 0.32.

About FT Energy Income Partners Strategy ETF

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.