Private Advisor Group LLC Lowers Stock Holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Private Advisor Group LLC lowered its stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 6.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,060 shares of the company’s stock after selling 1,125 shares during the period. Private Advisor Group LLC’s holdings in First Trust US Equity Opportunities ETF were worth $2,039,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new stake in First Trust US Equity Opportunities ETF in the third quarter worth $39,000. JPMorgan Chase & Co. raised its position in shares of First Trust US Equity Opportunities ETF by 34.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 444 shares of the company’s stock worth $49,000 after purchasing an additional 114 shares during the last quarter. Pathway Financial Advisers LLC bought a new position in First Trust US Equity Opportunities ETF in the 3rd quarter worth about $52,000. Decker Retirement Planning Inc. purchased a new stake in First Trust US Equity Opportunities ETF during the 4th quarter valued at about $70,000. Finally, Blue Trust Inc. purchased a new stake in First Trust US Equity Opportunities ETF during the 4th quarter valued at about $105,000.

First Trust US Equity Opportunities ETF Stock Performance

Shares of First Trust US Equity Opportunities ETF stock opened at $124.56 on Wednesday. The company has a 50-day simple moving average of $128.46 and a two-hundred day simple moving average of $118.71. The stock has a market capitalization of $909.29 million, a PE ratio of 20.57 and a beta of 1.56. First Trust US Equity Opportunities ETF has a 52-week low of $88.74 and a 52-week high of $143.53.

About First Trust US Equity Opportunities ETF

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.