Chicago Partners Investment Group LLC Has $2.51 Million Holdings in First Trust US Equity Opportunities ETF $FPX

Chicago Partners Investment Group LLC decreased its stake in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 23.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,785 shares of the company’s stock after selling 4,761 shares during the period. Chicago Partners Investment Group LLC’s holdings in First Trust US Equity Opportunities ETF were worth $2,507,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in FPX. Stratos Wealth Partners LTD. lifted its position in First Trust US Equity Opportunities ETF by 439.2% in the 4th quarter. Stratos Wealth Partners LTD. now owns 16,269 shares of the company’s stock valued at $2,661,000 after acquiring an additional 13,252 shares in the last quarter. PFG Advisors bought a new position in First Trust US Equity Opportunities ETF during the 4th quarter worth about $646,000. Worthington Financial Partners LLC bought a new position in First Trust US Equity Opportunities ETF during the 4th quarter worth about $4,135,000. J. Derek Lewis & Associates Inc. acquired a new stake in shares of First Trust US Equity Opportunities ETF in the 4th quarter valued at about $484,000. Finally, Rubicon Advisors GP acquired a new stake in shares of First Trust US Equity Opportunities ETF in the 4th quarter valued at about $523,000.

First Trust US Equity Opportunities ETF Price Performance

Shares of First Trust US Equity Opportunities ETF stock opened at $189.30 on Tuesday. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 32.81 and a beta of 1.26. The stock’s 50-day moving average is $192.30 and its 200-day moving average is $175.71. First Trust US Equity Opportunities ETF has a one year low of $142.97 and a one year high of $206.18.

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.