Wedbush Securities Inc. Acquires New Holdings in First Trust US Equity Opportunities ETF $FPX

Wedbush Securities Inc. acquired a new position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,996 shares of the company’s stock, valued at approximately $1,247,000. Wedbush Securities Inc. owned about 0.09% of First Trust US Equity Opportunities ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE raised its position in First Trust US Equity Opportunities ETF by 43.3% in the first quarter. Bank of America Corp DE now owns 204,237 shares of the company’s stock worth $32,435,000 after acquiring an additional 61,752 shares during the period. Royal Bank of Canada boosted its stake in shares of First Trust US Equity Opportunities ETF by 57.7% during the 1st quarter. Royal Bank of Canada now owns 112,977 shares of the company’s stock worth $17,941,000 after acquiring an additional 41,319 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of First Trust US Equity Opportunities ETF by 3.6% during the 1st quarter. Cetera Investment Advisers now owns 86,687 shares of the company’s stock worth $13,767,000 after acquiring an additional 3,024 shares during the last quarter. Ocean Park Asset Management LLC bought a new stake in shares of First Trust US Equity Opportunities ETF during the 2nd quarter valued at $10,376,000. Finally, Cassia Capital Partners LLC grew its position in shares of First Trust US Equity Opportunities ETF by 4.2% during the 1st quarter. Cassia Capital Partners LLC now owns 58,822 shares of the company’s stock valued at $9,342,000 after acquiring an additional 2,392 shares during the period.

First Trust US Equity Opportunities ETF Price Performance

Shares of FPX stock opened at $169.15 on Monday. The company has a market cap of $1.36 billion, a price-to-earnings ratio of 32.81 and a beta of 1.29. First Trust US Equity Opportunities ETF has a 1 year low of $146.01 and a 1 year high of $206.18. The firm has a fifty day moving average price of $179.49 and a 200-day moving average price of $184.17.

First Trust US Equity Opportunities ETF 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.