Elevation Point Wealth Partners LLC Acquires New Stake in FT Energy Income Partners Strategy ETF $EIPX

Elevation Point Wealth Partners LLC acquired a new stake in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 161,129 shares of the company’s stock, valued at approximately $5,182,000.

Other large investors also recently bought and sold shares of the company. Van Diest Capital LLC purchased a new stake in shares of FT Energy Income Partners Strategy ETF in the fourth quarter valued at about $226,000. Jane Street Group LLC purchased a new position in FT Energy Income Partners Strategy ETF during the first quarter worth about $324,000. Royal Bank of Canada raised its holdings in FT Energy Income Partners Strategy ETF by 29.7% during the fourth quarter. Royal Bank of Canada now owns 12,456 shares of the company’s stock worth $329,000 after purchasing an additional 2,851 shares in the last quarter. Private Advisor Group LLC lifted its position in FT Energy Income Partners Strategy ETF by 41.4% in the third quarter. Private Advisor Group LLC now owns 17,000 shares of the company’s stock valued at $445,000 after purchasing an additional 4,977 shares during the period. Finally, Flow Traders U.S. LLC acquired a new stake in FT Energy Income Partners Strategy ETF in the third quarter valued at about $556,000.

FT Energy Income Partners Strategy ETF Stock Performance

Shares of EIPX opened at $31.34 on Friday. The stock’s 50 day moving average is $31.95 and its two-hundred day moving average is $30.47. FT Energy Income Partners Strategy ETF has a twelve month low of $25.38 and a twelve month high of $33.09. The firm has a market capitalization of $524.95 million, a PE ratio of 14.99 and a beta of 0.32.

About FT Energy Income Partners Strategy ETF

The FT Energy Income Partners Strategy ETF (EIPX) is an exchange-traded fund that mostly invests in energy equity. The fund seeks risk-adjusted total return through an actively managed portfolio of global stocks in the energy sector, as broadly defined by the funds sub-adviser. EIPX was launched on Nov 2, 2022 and is managed by First Trust.