First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Stake Trimmed by Pacific Sun Financial Corp

Pacific Sun Financial Corp lowered its stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 1.4% during the third quarter, HoldingsChannel reports. The firm owned 11,466 shares of the company’s stock after selling 160 shares during the period. Pacific Sun Financial Corp’s holdings in First Trust US Equity Opportunities ETF were worth $869,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Morgan Stanley increased its stake in First Trust US Equity Opportunities ETF by 12.8% in the 2nd quarter. Morgan Stanley now owns 1,056,391 shares of the company’s stock worth $82,314,000 after purchasing an additional 119,927 shares in the last quarter. Bank of America Corp DE boosted its position in First Trust US Equity Opportunities ETF by 0.5% during the 2nd quarter. Bank of America Corp DE now owns 820,359 shares of the company’s stock worth $63,923,000 after acquiring an additional 4,400 shares during the period. LPL Financial LLC boosted its position in First Trust US Equity Opportunities ETF by 3.5% during the 2nd quarter. LPL Financial LLC now owns 699,965 shares of the company’s stock worth $54,542,000 after acquiring an additional 23,717 shares during the period. Wells Fargo & Company MN boosted its position in First Trust US Equity Opportunities ETF by 1.6% during the 2nd quarter. Wells Fargo & Company MN now owns 542,053 shares of the company’s stock worth $42,237,000 after acquiring an additional 8,608 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in First Trust US Equity Opportunities ETF by 16.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 242,178 shares of the company’s stock worth $18,363,000 after acquiring an additional 34,863 shares during the period.

NYSEARCA FPX traded up $0.18 during trading on Friday, reaching $76.45. 49,249 shares of the company’s stock were exchanged, compared to its average volume of 79,182. First Trust US Equity Opportunities ETF has a fifty-two week low of $57.82 and a fifty-two week high of $81.51. The company’s fifty day simple moving average is $76.03 and its 200-day simple moving average is $77.28.

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.

See Also: Capital Gains Distribution

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Institutional Ownership by Quarter for First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

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