LPL Financial LLC Decreases Position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

LPL Financial LLC decreased its holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 5.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 277,479 shares of the company’s stock after selling 14,543 shares during the quarter. LPL Financial LLC’s holdings in First Trust US Equity Opportunities ETF were worth $33,162,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB purchased a new position in shares of First Trust US Equity Opportunities ETF in the 3rd quarter valued at approximately $39,000. Atala Financial Inc acquired a new position in First Trust US Equity Opportunities ETF during the 4th quarter valued at approximately $40,000. Assetmark Inc. purchased a new position in shares of First Trust US Equity Opportunities ETF in the fourth quarter worth $47,000. JPMorgan Chase & Co. lifted its stake in shares of First Trust US Equity Opportunities ETF by 34.5% during the third quarter. JPMorgan Chase & Co. now owns 444 shares of the company’s stock worth $49,000 after buying an additional 114 shares during the period. Finally, Decker Retirement Planning Inc. purchased a new stake in shares of First Trust US Equity Opportunities ETF during the fourth quarter valued at $70,000.

First Trust US Equity Opportunities ETF Price Performance

Shares of FPX stock opened at $112.15 on Friday. The business has a fifty day moving average of $125.35 and a 200 day moving average of $120.93. First Trust US Equity Opportunities ETF has a 1 year low of $88.74 and a 1 year high of $143.53. The firm has a market capitalization of $734.58 million, a price-to-earnings ratio of 33.89 and a beta of 1.25.

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.