Commonwealth Equity Services LLC Makes New Investment in First Trust US Equity Opportunities ETF $FPX

Commonwealth Equity Services LLC acquired a new position in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 51,561 shares of the company’s stock, valued at approximately $9,187,000.

A number of other large investors have also made changes to their positions in the stock. Bank of America Corp DE grew its holdings in shares of First Trust US Equity Opportunities ETF by 43.3% in the 1st quarter. Bank of America Corp DE now owns 204,237 shares of the company’s stock worth $32,435,000 after acquiring an additional 61,752 shares during the period. Kestra Advisory Services LLC increased its holdings in First Trust US Equity Opportunities ETF by 24.2% during the 1st quarter. Kestra Advisory Services LLC now owns 21,432 shares of the company’s stock valued at $3,404,000 after acquiring an additional 4,170 shares in the last quarter. Gateway Wealth Partners LLC raised its position in First Trust US Equity Opportunities ETF by 117.8% during the first quarter. Gateway Wealth Partners LLC now owns 16,803 shares of the company’s stock worth $2,668,000 after acquiring an additional 9,089 shares during the last quarter. Ocean Park Asset Management LLC acquired a new position in shares of First Trust US Equity Opportunities ETF during the 2nd quarter worth approximately $10,376,000. Finally, Royal Bank of Canada boosted its stake in shares of First Trust US Equity Opportunities ETF by 57.7% during the first quarter. Royal Bank of Canada now owns 112,977 shares of the company’s stock valued at $17,941,000 after acquiring an additional 41,319 shares during the last quarter.

First Trust US Equity Opportunities ETF Stock Down 0.7%

FPX stock opened at $167.18 on Friday. The stock’s fifty day simple moving average is $175.09 and its 200-day simple moving average is $177.92. First Trust US Equity Opportunities ETF has a 52-week low of $146.01 and a 52-week high of $206.18. The stock has a market capitalization of $1.34 billion, a price-to-earnings ratio of 19.35 and a beta of 1.31.

First Trust US Equity Opportunities ETF Company 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.