AlTi Global Inc. grew its stake in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX – Free Report) by 4.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 4,637,146 shares of the company’s stock after purchasing an additional 213,373 shares during the period. FT Energy Income Partners Strategy ETF accounts for 3.2% of AlTi Global Inc.’s portfolio, making the stock its 8th biggest position. AlTi Global Inc. owned approximately 0.29% of FT Energy Income Partners Strategy ETF worth $149,121,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Fifth Third Bancorp acquired a new stake in FT Energy Income Partners Strategy ETF during the 1st quarter worth $26,000. Van Diest Capital LLC acquired a new position in FT Energy Income Partners Strategy ETF in the fourth quarter valued at $226,000. D.A. Davidson & CO. acquired a new position in FT Energy Income Partners Strategy ETF in the first quarter valued at $271,000. Jane Street Group LLC purchased a new position in shares of FT Energy Income Partners Strategy ETF during the first quarter worth about $324,000. Finally, Royal Bank of Canada grew its holdings in shares of FT Energy Income Partners Strategy ETF by 29.7% during the fourth quarter. Royal Bank of Canada now owns 12,456 shares of the company’s stock worth $329,000 after purchasing an additional 2,851 shares during the last quarter.
FT Energy Income Partners Strategy ETF Stock Performance
EIPX opened at $32.26 on Monday. The business’s 50-day simple moving average is $31.91 and its 200-day simple moving average is $30.89. FT Energy Income Partners Strategy ETF has a one year low of $25.38 and a one year high of $33.09. The stock has a market capitalization of $550.03 million, a P/E ratio of 14.99 and a beta of 0.32.
About FT Energy Income Partners Strategy ETF
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.
Further Reading
- Five stocks we like better than FT Energy Income Partners Strategy ETF
- Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit
- Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet
- Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises
- 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
Want to see what other hedge funds are holding EIPX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX – Free Report).
Receive News & Ratings for FT Energy Income Partners Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FT Energy Income Partners Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
