First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Sets New 12-Month High – Here’s What Happened

First Trust US Equity Opportunities ETF (NYSEARCA:FPX)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $175.56 and last traded at $175.24, with a volume of 663 shares changing hands. The stock had previously closed at $173.90.

First Trust US Equity Opportunities ETF Trading Down 0.0%

The company’s 50-day moving average price is $164.23 and its two-hundred day moving average price is $164.65. The company has a market cap of $1.27 billion, a P/E ratio of 32.81 and a beta of 1.25.

Institutional Investors Weigh In On First Trust US Equity Opportunities ETF

Large investors have recently modified their holdings of the stock. Farther Finance Advisors LLC boosted its stake in shares of First Trust US Equity Opportunities ETF by 892.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 8,244 shares of the company’s stock worth $1,370,000 after acquiring an additional 7,413 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in shares of First Trust US Equity Opportunities ETF by 439.2% during the 4th quarter. Stratos Wealth Partners LTD. now owns 16,269 shares of the company’s stock worth $2,661,000 after acquiring an additional 13,252 shares in the last quarter. Private Advisory Group LLC bought a new stake in shares of First Trust US Equity Opportunities ETF during the 3rd quarter worth $881,000. Legacy Trust bought a new stake in shares of First Trust US Equity Opportunities ETF during the 3rd quarter worth $553,000. Finally, IFG Advisory LLC boosted its holdings in shares of First Trust US Equity Opportunities ETF by 96.4% in the third quarter. IFG Advisory LLC now owns 16,228 shares of the company’s stock worth $2,696,000 after buying an additional 7,965 shares during the period.

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. 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.