Stifel Financial Corp Boosts Stock Holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Stifel Financial Corp grew its stake in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 15.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 15,711 shares of the company’s stock after buying an additional 2,104 shares during the quarter. Stifel Financial Corp’s holdings in First Trust US Equity Opportunities ETF were worth $1,878,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. World Investment Advisors LLC purchased a new stake in First Trust US Equity Opportunities ETF during the third quarter valued at about $258,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of First Trust US Equity Opportunities ETF during the 3rd quarter worth about $39,000. Synovus Financial Corp purchased a new stake in shares of First Trust US Equity Opportunities ETF during the 3rd quarter worth about $221,000. JPMorgan Chase & Co. increased its position in First Trust US Equity Opportunities ETF by 34.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 444 shares of the company’s stock worth $49,000 after purchasing an additional 114 shares in the last quarter. Finally, Decker Retirement Planning Inc. purchased a new position in First Trust US Equity Opportunities ETF in the fourth quarter valued at approximately $70,000.

First Trust US Equity Opportunities ETF Stock Down 0.1 %

Shares of FPX stock opened at $125.36 on Tuesday. First Trust US Equity Opportunities ETF has a fifty-two week low of $88.74 and a fifty-two week high of $143.53. The firm’s 50 day moving average price is $113.06 and its two-hundred day moving average price is $121.19. The stock has a market cap of $814.84 million, a price-to-earnings ratio of 28.17 and a beta of 1.24.

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.