GAMMA Investing LLC Grows Stock Holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

GAMMA Investing LLC increased its stake in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 11,074.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,174 shares of the company’s stock after buying an additional 11,074 shares during the quarter. GAMMA Investing LLC owned about 0.17% of First Trust US Equity Opportunities ETF worth $1,249,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Atala Financial Inc purchased a new stake in First Trust US Equity Opportunities ETF in the 4th quarter valued at approximately $40,000. Assetmark Inc. purchased a new stake in First Trust US Equity Opportunities ETF in the 4th quarter valued at approximately $47,000. Banque Transatlantique SA purchased a new stake in First Trust US Equity Opportunities ETF in the 4th quarter valued at approximately $48,000. O Shaughnessy Asset Management LLC boosted its holdings in First Trust US Equity Opportunities ETF by 373.9% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 417 shares of the company’s stock valued at $50,000 after purchasing an additional 329 shares in the last quarter. Finally, Blue Trust Inc. purchased a new stake in First Trust US Equity Opportunities ETF in the 4th quarter valued at approximately $105,000.

First Trust US Equity Opportunities ETF Trading Down 1.4%

Shares of FPX opened at $137.52 on Monday. First Trust US Equity Opportunities ETF has a twelve month low of $88.74 and a twelve month high of $143.53. The stock’s 50 day moving average is $125.42 and its two-hundred day moving average is $124.20. The firm has a market capitalization of $907.63 million, a PE ratio of 32.26 and a beta of 1.24.

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.