Stratos Wealth Partners LTD. Trims Stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Stratos Wealth Partners LTD. cut its stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 12.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,314 shares of the company’s stock after selling 472 shares during the quarter. Stratos Wealth Partners LTD. owned about 0.05% of First Trust US Equity Opportunities ETF worth $370,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in shares of First Trust US Equity Opportunities ETF during the 4th quarter valued at about $14,196,000. Envestnet Asset Management Inc. raised its stake in shares of First Trust US Equity Opportunities ETF by 43.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 76,318 shares of the company’s stock valued at $9,121,000 after buying an additional 23,228 shares during the last quarter. Golden State Wealth Management LLC raised its stake in shares of First Trust US Equity Opportunities ETF by 97.8% during the 1st quarter. Golden State Wealth Management LLC now owns 42,102 shares of the company’s stock valued at $4,704,000 after buying an additional 20,820 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of First Trust US Equity Opportunities ETF during the 4th quarter valued at about $2,182,000. Finally, Bank of America Corp DE raised its stake in shares of First Trust US Equity Opportunities ETF by 10.2% during the 4th quarter. Bank of America Corp DE now owns 142,375 shares of the company’s stock valued at $17,015,000 after buying an additional 13,197 shares during the last quarter.

First Trust US Equity Opportunities ETF Price Performance

FPX stock opened at $144.97 on Wednesday. The business has a 50 day simple moving average of $138.28 and a 200-day simple moving average of $126.79. The firm has a market capitalization of $971.30 million, a PE ratio of 32.81 and a beta of 1.09. First Trust US Equity Opportunities ETF has a 1 year low of $88.74 and a 1 year high of $146.21.

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.