Private Advisory Group LLC Takes $881,000 Position in First Trust US Equity Opportunities ETF $FPX

Private Advisory Group LLC acquired a new position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) in the 3rd quarter, Holdings Channel reports. The firm acquired 5,303 shares of the company’s stock, valued at approximately $881,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its position in First Trust US Equity Opportunities ETF by 79,100.0% in the third quarter. JPMorgan Chase & Co. now owns 792 shares of the company’s stock valued at $132,000 after purchasing an additional 791 shares during the period. Kapstone Financial Advisors LLC raised its holdings in First Trust US Equity Opportunities ETF by 14.4% in the 3rd quarter. Kapstone Financial Advisors LLC now owns 1,848 shares of the company’s stock valued at $307,000 after buying an additional 232 shares during the period. Calton & Associates Inc. lifted its position in First Trust US Equity Opportunities ETF by 13.7% in the third quarter. Calton & Associates Inc. now owns 15,347 shares of the company’s stock valued at $2,550,000 after buying an additional 1,844 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in First Trust US Equity Opportunities ETF in the third quarter valued at about $117,000. Finally, Wedbush Securities Inc. boosted its stake in First Trust US Equity Opportunities ETF by 61.9% during the third quarter. Wedbush Securities Inc. now owns 4,292 shares of the company’s stock worth $713,000 after buying an additional 1,641 shares during the period.

First Trust US Equity Opportunities ETF Stock Performance

First Trust US Equity Opportunities ETF stock opened at $165.70 on Monday. The company’s 50 day simple moving average is $165.73 and its 200-day simple moving average is $162.12. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 32.81 and a beta of 1.26. First Trust US Equity Opportunities ETF has a 1 year low of $94.13 and a 1 year high of $174.68.

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.