Wedbush Securities Inc. Increases Stock Holdings in First Trust US Equity Opportunities ETF $FPX

Wedbush Securities Inc. raised its position in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 30.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,651 shares of the company’s stock after purchasing an additional 616 shares during the quarter. Wedbush Securities Inc.’s holdings in First Trust US Equity Opportunities ETF were worth $384,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC boosted its holdings in shares of First Trust US Equity Opportunities ETF by 40.6% in the first quarter. LPL Financial LLC now owns 390,106 shares of the company’s stock worth $43,590,000 after buying an additional 112,627 shares during the last quarter. Raymond James Financial Inc. raised its position in First Trust US Equity Opportunities ETF by 2.5% in the first quarter. Raymond James Financial Inc. now owns 121,719 shares of the company’s stock worth $13,601,000 after acquiring an additional 2,931 shares during the period. CW Advisors LLC boosted its stake in shares of First Trust US Equity Opportunities ETF by 24.6% during the 1st quarter. CW Advisors LLC now owns 98,642 shares of the company’s stock worth $11,024,000 after acquiring an additional 19,502 shares during the last quarter. Royal Bank of Canada grew its position in shares of First Trust US Equity Opportunities ETF by 0.6% during the 1st quarter. Royal Bank of Canada now owns 51,337 shares of the company’s stock valued at $5,736,000 after acquiring an additional 313 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in shares of First Trust US Equity Opportunities ETF by 2.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 48,132 shares of the company’s stock valued at $6,975,000 after acquiring an additional 1,081 shares during the period.

First Trust US Equity Opportunities ETF Stock Performance

Shares of First Trust US Equity Opportunities ETF stock opened at $163.62 on Wednesday. The stock has a market cap of $1.17 billion, a P/E ratio of 32.81 and a beta of 1.26. The stock’s fifty day moving average is $163.17 and its 200 day moving average is $149.20. First Trust US Equity Opportunities ETF has a one year low of $94.13 and a one year high of $171.01.

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.