Principal Securities Inc. Has $39,000 Holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Principal Securities Inc. decreased its stake in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 67.4% in the 4th quarter, Holdings Channel reports. The fund owned 323 shares of the company’s stock after selling 668 shares during the quarter. Principal Securities Inc.’s holdings in First Trust US Equity Opportunities ETF were worth $39,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FPX. Wilmington Savings Fund Society FSB bought a new stake in First Trust US Equity Opportunities ETF in the 3rd quarter valued at approximately $39,000. JPMorgan Chase & Co. raised its holdings in shares of First Trust US Equity Opportunities ETF by 34.5% in the third quarter. JPMorgan Chase & Co. now owns 444 shares of the company’s stock valued at $49,000 after purchasing an additional 114 shares during the last quarter. Pathway Financial Advisers LLC acquired a new stake in shares of First Trust US Equity Opportunities ETF in the third quarter valued at approximately $52,000. Decker Retirement Planning Inc. bought a new stake in shares of First Trust US Equity Opportunities ETF in the fourth quarter worth $70,000. Finally, Blue Trust Inc. acquired a new position in First Trust US Equity Opportunities ETF during the fourth quarter worth $105,000.

First Trust US Equity Opportunities ETF Trading Down 2.8 %

First Trust US Equity Opportunities ETF stock opened at $121.48 on Friday. First Trust US Equity Opportunities ETF has a 1-year low of $88.74 and a 1-year high of $143.53. The company has a fifty day simple moving average of $128.61 and a 200 day simple moving average of $118.77. The company has a market cap of $886.80 million, a P/E ratio of 20.57 and a beta of 1.56.

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.