Brookstone Capital Management Makes New $992,000 Investment in First Trust US Equity Opportunities ETF $FPX

Brookstone Capital Management bought a new stake in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 5,973 shares of the company’s stock, valued at approximately $992,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Pure Financial Advisors LLC increased its stake in First Trust US Equity Opportunities ETF by 2.8% during the second quarter. Pure Financial Advisors LLC now owns 2,580 shares of the company’s stock worth $374,000 after acquiring an additional 70 shares during the last quarter. Private Trust Co. NA increased its position in shares of First Trust US Equity Opportunities ETF by 17.3% during the 3rd quarter. Private Trust Co. NA now owns 638 shares of the company’s stock valued at $106,000 after purchasing an additional 94 shares during the last quarter. RFG Advisory LLC increased its position in shares of First Trust US Equity Opportunities ETF by 2.6% during the 2nd quarter. RFG Advisory LLC now owns 3,806 shares of the company’s stock valued at $552,000 after purchasing an additional 97 shares during the last quarter. NewEdge Advisors LLC raised its holdings in First Trust US Equity Opportunities ETF by 1.3% during the 1st quarter. NewEdge Advisors LLC now owns 8,745 shares of the company’s stock valued at $977,000 after buying an additional 110 shares during the period. Finally, Signature Estate & Investment Advisors LLC raised its holdings in First Trust US Equity Opportunities ETF by 1.2% during the 1st quarter. Signature Estate & Investment Advisors LLC now owns 11,788 shares of the company’s stock valued at $1,317,000 after buying an additional 137 shares during the period.

First Trust US Equity Opportunities ETF Stock Down 0.8%

NYSEARCA FPX opened at $166.97 on Tuesday. The company has a fifty day moving average of $163.91 and a two-hundred day moving average of $156.62. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 32.81 and a beta of 1.26. First Trust US Equity Opportunities ETF has a 52 week low of $94.13 and a 52 week high of $174.68.

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. 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.