Farther Finance Advisors LLC Boosts Stake in First Trust US Equity Opportunities ETF $FPX

Farther Finance Advisors LLC raised its stake in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 892.1% during the 3rd quarter, Holdings Channel reports. The fund owned 8,244 shares of the company’s stock after purchasing an additional 7,413 shares during the period. Farther Finance Advisors LLC’s holdings in First Trust US Equity Opportunities ETF were worth $1,370,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Trust Co. of Toledo NA OH purchased a new stake in shares of First Trust US Equity Opportunities ETF during the 2nd quarter worth $29,000. Hazlett Burt & Watson Inc. grew its stake in First Trust US Equity Opportunities ETF by 238.8% in the second quarter. Hazlett Burt & Watson Inc. now owns 227 shares of the company’s stock valued at $33,000 after purchasing an additional 160 shares during the last quarter. First Horizon Advisors Inc. bought a new position in First Trust US Equity Opportunities ETF in the second quarter worth about $43,000. Atlantic Union Bankshares Corp bought a new position in First Trust US Equity Opportunities ETF in the second quarter worth about $58,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of First Trust US Equity Opportunities ETF by 36.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,044 shares of the company’s stock valued at $151,000 after buying an additional 278 shares during the last quarter.

First Trust US Equity Opportunities ETF Stock Down 0.6%

NYSEARCA:FPX opened at $168.32 on Friday. First Trust US Equity Opportunities ETF has a 52 week low of $94.13 and a 52 week high of $174.68. The firm has a 50 day moving average of $163.84 and a 200 day moving average of $156.31. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of 32.81 and a beta of 1.26.

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.