OneAscent Financial Services LLC Takes Position in First Trust US Equity Opportunities ETF $FPX

OneAscent Financial Services LLC purchased a new stake in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) during the fourth quarter, Holdings Channel reports. The fund purchased 36,118 shares of the company’s stock, valued at approximately $5,909,000.

A number of other hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of First Trust US Equity Opportunities ETF by 5,572.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 382,823 shares of the company’s stock valued at $62,626,000 after purchasing an additional 376,074 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of First Trust US Equity Opportunities ETF by 7.7% during the third quarter. Raymond James Financial Inc. now owns 156,672 shares of the company’s stock valued at $26,033,000 after purchasing an additional 11,169 shares in the last quarter. Systelligence LLC acquired a new stake in shares of First Trust US Equity Opportunities ETF during the fourth quarter valued at about $18,065,000. UBS Group AG boosted its stake in shares of First Trust US Equity Opportunities ETF by 13.7% during the third quarter. UBS Group AG now owns 52,381 shares of the company’s stock valued at $8,704,000 after purchasing an additional 6,324 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of First Trust US Equity Opportunities ETF by 0.6% during the first quarter. Royal Bank of Canada now owns 51,337 shares of the company’s stock valued at $5,736,000 after purchasing an additional 313 shares in the last quarter.

First Trust US Equity Opportunities ETF Trading Down 4.1%

Shares of FPX stock opened at $184.98 on Friday. The business’s 50-day moving average price is $179.39 and its 200-day moving average price is $169.71. First Trust US Equity Opportunities ETF has a 12 month low of $136.91 and a 12 month high of $195.81. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 32.81 and a beta of 1.28.

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.