Gateway Wealth Partners LLC Buys 9,089 Shares of First Trust US Equity Opportunities ETF $FPX

Gateway Wealth Partners LLC boosted its position in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 117.8% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,803 shares of the company’s stock after acquiring an additional 9,089 shares during the quarter. Gateway Wealth Partners LLC owned 0.23% of First Trust US Equity Opportunities ETF worth $2,668,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of FPX. Northwestern Mutual Wealth Management Co. grew its stake in shares of First Trust US Equity Opportunities ETF by 5,572.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 382,823 shares of the company’s stock valued at $62,626,000 after purchasing an additional 376,074 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of First Trust US Equity Opportunities ETF by 3.5% in the fourth quarter. Wells Fargo & Company MN now owns 340,788 shares of the company’s stock worth $55,750,000 after buying an additional 11,677 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of First Trust US Equity Opportunities ETF by 7.7% in 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 last quarter. Systelligence LLC purchased a new position in shares of First Trust US Equity Opportunities ETF in the fourth quarter worth approximately $18,065,000. Finally, Osaic Holdings Inc. grew its position in First Trust US Equity Opportunities ETF by 4.2% during the fourth quarter. Osaic Holdings Inc. now owns 99,641 shares of the company’s stock valued at $16,302,000 after buying an additional 3,976 shares during the period.

First Trust US Equity Opportunities ETF Trading Down 0.9%

Shares of FPX stock opened at $181.57 on Tuesday. First Trust US Equity Opportunities ETF has a 12 month low of $142.97 and a 12 month high of $206.18. The stock has a market cap of $1.51 billion, a P/E ratio of 32.81 and a beta of 1.26. The company has a 50 day simple moving average of $192.15 and a two-hundred day simple moving average of $177.07.

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.