Short Interest in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Drops By 61.0%

First Trust US Equity Opportunities ETF (NYSEARCA:FPX) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 9,957 shares, a decrease of 61.0% from the January 15th total of 25,519 shares. Based on an average daily trading volume, of 30,205 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 30,205 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of First Trust US Equity Opportunities ETF

Institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. boosted its stake in First Trust US Equity Opportunities ETF by 5,572.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 382,823 shares of the company’s stock valued at $62,626,000 after acquiring an additional 376,074 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of First Trust US Equity Opportunities ETF by 3.5% in the 4th quarter. Wells Fargo & Company MN now owns 340,788 shares of the company’s stock valued at $55,750,000 after purchasing an additional 11,677 shares during the period. Raymond James Financial Inc. increased its position in 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 worth $26,033,000 after buying an additional 11,169 shares during the period. Systelligence LLC purchased a new stake in First Trust US Equity Opportunities ETF in the fourth quarter valued at approximately $18,065,000. Finally, CW Advisors LLC boosted its holdings in shares of First Trust US Equity Opportunities ETF by 0.3% in the second quarter. CW Advisors LLC now owns 98,905 shares of the company’s stock valued at $14,332,000 after acquiring an additional 263 shares during the period.

First Trust US Equity Opportunities ETF Stock Up 1.0%

First Trust US Equity Opportunities ETF stock traded up $1.67 during trading on Friday, reaching $162.04. The stock had a trading volume of 31,086 shares, compared to its average volume of 35,310. First Trust US Equity Opportunities ETF has a 52-week low of $94.13 and a 52-week high of $174.68. The stock has a market cap of $1.19 billion, a PE ratio of 32.81 and a beta of 1.26. The business has a 50 day moving average price of $166.34 and a 200 day moving average price of $161.52.

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. 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.