Kingsview Wealth Management LLC purchased a new stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 37,449 shares of the company’s stock, valued at approximately $6,126,000.
Other institutional investors also recently modified their holdings of the company. Royal Bank of Canada increased its stake in First Trust US Equity Opportunities ETF by 0.6% in the 1st quarter. Royal Bank of Canada now owns 51,337 shares of the company’s stock worth $5,736,000 after purchasing an additional 313 shares in the last quarter. NewEdge Advisors LLC increased its stake in First Trust US Equity Opportunities ETF by 1.3% in the 1st quarter. NewEdge Advisors LLC now owns 8,745 shares of the company’s stock worth $977,000 after purchasing an additional 110 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in First Trust US Equity Opportunities ETF by 36.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,044 shares of the company’s stock worth $151,000 after purchasing an additional 278 shares in the last quarter. Baird Financial Group Inc. increased its stake in First Trust US Equity Opportunities ETF by 6.3% in the 2nd quarter. Baird Financial Group Inc. now owns 10,457 shares of the company’s stock worth $1,515,000 after purchasing an additional 624 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in First Trust US Equity Opportunities ETF by 19.5% in the 2nd quarter. Raymond James Financial Inc. now owns 145,503 shares of the company’s stock worth $21,085,000 after purchasing an additional 23,784 shares in the last quarter.
First Trust US Equity Opportunities ETF Trading Down 0.3%
Shares of FPX opened at $194.52 on Friday. The business’s 50-day moving average price is $176.54 and its 200 day moving average price is $168.64. The stock has a market capitalization of $1.43 billion, a P/E ratio of 32.81 and a beta of 1.27. First Trust US Equity Opportunities ETF has a 1-year low of $134.41 and a 1-year high of $195.81.
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. 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.
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