First Trust US Equity Opportunities ETF $FPX Shares Newly Bought by Wedbush Securities Inc.

Wedbush Securities Inc. acquired a new stake in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) during the third quarter, HoldingsChannel reports. The fund acquired 6,996 shares of the company’s stock, valued at approximately $1,247,000.

A number of other hedge funds also recently made changes to their positions in FPX. Montgomery Financial Services LLC purchased a new stake in First Trust US Equity Opportunities ETF in the 2nd quarter worth approximately $29,000. Fifth Third Bancorp bought a new stake in First Trust US Equity Opportunities ETF during the 1st quarter worth approximately $32,000. Mather Group LLC. purchased a new position in First Trust US Equity Opportunities ETF during the third quarter valued at approximately $43,000. Integrated Wealth Concepts LLC purchased a new position in First Trust US Equity Opportunities ETF during the second quarter valued at approximately $83,000. Finally, Whittier Trust Co. of Nevada Inc. lifted its holdings in First Trust US Equity Opportunities ETF by 51.1% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 529 shares of the company’s stock valued at $87,000 after purchasing an additional 179 shares in the last quarter.

First Trust US Equity Opportunities ETF Price Performance

FPX opened at $169.15 on Monday. The firm has a market cap of $1.36 billion, a P/E ratio of 32.81 and a beta of 1.29. First Trust US Equity Opportunities ETF has a 1-year low of $146.01 and a 1-year high of $206.18. The company has a 50 day simple moving average of $179.49 and a two-hundred day simple moving average of $184.17.

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.