IFP Advisors Inc Decreases Position in FT Energy Income Partners Strategy ETF $EIPX

IFP Advisors Inc lessened its holdings in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) by 80.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,015 shares of the company’s stock after selling 16,982 shares during the quarter. IFP Advisors Inc’s holdings in FT Energy Income Partners Strategy ETF were worth $106,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. AlTi Global Inc. raised its position in FT Energy Income Partners Strategy ETF by 5.1% in the 3rd quarter. AlTi Global Inc. now owns 4,387,022 shares of the company’s stock worth $114,794,000 after purchasing an additional 213,621 shares during the period. Raymond James Financial Inc. raised its position in FT Energy Income Partners Strategy ETF by 0.7% in the 3rd quarter. Raymond James Financial Inc. now owns 170,560 shares of the company’s stock worth $4,463,000 after purchasing an additional 1,233 shares during the period. Eastern Bank purchased a new position in FT Energy Income Partners Strategy ETF in the 4th quarter worth $2,666,000. CWM LLC raised its position in FT Energy Income Partners Strategy ETF by 3.5% in the 4th quarter. CWM LLC now owns 99,315 shares of the company’s stock worth $2,626,000 after purchasing an additional 3,353 shares during the period. Finally, HBW Advisory Services LLC raised its position in FT Energy Income Partners Strategy ETF by 526.1% in the 4th quarter. HBW Advisory Services LLC now owns 49,626 shares of the company’s stock worth $1,312,000 after purchasing an additional 41,700 shares during the period.

FT Energy Income Partners Strategy ETF Price Performance

Shares of NYSEARCA:EIPX opened at $31.58 on Monday. The stock has a market cap of $511.60 million, a PE ratio of 14.99 and a beta of 0.36. The company’s fifty day moving average is $32.11 and its 200 day moving average is $29.67. FT Energy Income Partners Strategy ETF has a 52 week low of $24.75 and a 52 week high of $33.09.

FT Energy Income Partners Strategy ETF Company Profile

The FT Energy Income Partners Strategy ETF (EIPX) is an exchange-traded fund that mostly invests in energy equity. The fund seeks risk-adjusted total return through an actively managed portfolio of global stocks in the energy sector, as broadly defined by the funds sub-adviser. EIPX was launched on Nov 2, 2022 and is managed by First Trust.