Spire Wealth Management Lowers Holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Spire Wealth Management trimmed its position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 43.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 638 shares of the company’s stock after selling 487 shares during the period. Spire Wealth Management’s holdings in First Trust US Equity Opportunities ETF were worth $56,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FPX. Onyx Bridge Wealth Group LLC acquired a new stake in First Trust US Equity Opportunities ETF in the second quarter valued at $2,772,000. Wedbush Securities Inc. lifted its holdings in First Trust US Equity Opportunities ETF by 3.3% in the first quarter. Wedbush Securities Inc. now owns 11,932 shares of the company’s stock valued at $1,003,000 after acquiring an additional 381 shares during the period. Good Life Advisors LLC lifted its holdings in First Trust US Equity Opportunities ETF by 0.6% in the first quarter. Good Life Advisors LLC now owns 55,931 shares of the company’s stock valued at $4,701,000 after acquiring an additional 309 shares during the period. Apollon Wealth Management LLC acquired a new stake in First Trust US Equity Opportunities ETF in the second quarter valued at $216,000. Finally, Atria Investments Inc lifted its holdings in First Trust US Equity Opportunities ETF by 1.4% in the second quarter. Atria Investments Inc now owns 14,291 shares of the company’s stock valued at $1,260,000 after acquiring an additional 194 shares during the period.

First Trust US Equity Opportunities ETF Stock Performance

First Trust US Equity Opportunities ETF stock opened at $86.75 on Tuesday. The company has a market cap of $776.41 million, a P/E ratio of 17.39 and a beta of 1.09. First Trust US Equity Opportunities ETF has a one year low of $75.74 and a one year high of $95.44. The business has a fifty day moving average of $82.40 and a two-hundred day moving average of $85.18.

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.