Short Interest in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Decreases By 38.4%

First Trust US Equity Opportunities ETF (NYSEARCA:FPX) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 37,432 shares, a decline of 38.4% from the April 30th total of 60,720 shares. Based on an average daily trading volume, of 36,873 shares, the short-interest ratio is currently 1.0 days. Approximately 0.5% of the shares of the stock are short sold.

Institutional Trading of First Trust US Equity Opportunities ETF

Large investors have recently made changes to their positions in the business. WealthPLAN Partners LLC grew its holdings in First Trust US Equity Opportunities ETF by 4.9% during the 4th quarter. WealthPLAN Partners LLC now owns 1,294 shares of the company’s stock valued at $212,000 after purchasing an additional 61 shares during the last quarter. Advisory Services Network LLC grew its holdings in First Trust US Equity Opportunities ETF by 1.2% during the 3rd quarter. Advisory Services Network LLC now owns 6,150 shares of the company’s stock valued at $1,022,000 after purchasing an additional 74 shares during the last quarter. Proactive Wealth Strategies LLC grew its holdings in First Trust US Equity Opportunities ETF by 0.4% during the 3rd quarter. Proactive Wealth Strategies LLC now owns 20,307 shares of the company’s stock valued at $3,374,000 after purchasing an additional 76 shares during the last quarter. Blair William & Co. IL grew its holdings in First Trust US Equity Opportunities ETF by 21.1% during the 4th quarter. Blair William & Co. IL now owns 533 shares of the company’s stock valued at $87,000 after purchasing an additional 93 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in First Trust US Equity Opportunities ETF by 1.3% during the 1st quarter. NewEdge Advisors LLC now owns 8,745 shares of the company’s stock valued at $977,000 after purchasing an additional 110 shares during the last quarter.

First Trust US Equity Opportunities ETF Stock Up 0.3%

First Trust US Equity Opportunities ETF stock opened at $194.48 on Wednesday. The company’s 50-day moving average price is $177.10 and its 200-day moving average price is $168.86. First Trust US Equity Opportunities ETF has a twelve month low of $136.91 and a twelve month high of $195.81. The company has a market cap of $1.43 billion, a PE ratio of 32.81 and a beta of 1.27.

About First Trust US Equity Opportunities ETF

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.