FT Energy Income Partners Strategy ETF $EIPX Shares Bought by Eastern Bank

Eastern Bank grew its stake in shares of FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) by 24.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 98,217 shares of the company’s stock after purchasing an additional 19,439 shares during the quarter. Eastern Bank’s holdings in FT Energy Income Partners Strategy ETF were worth $3,074,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in EIPX. Royal Bank of Canada lifted its holdings in shares of FT Energy Income Partners Strategy ETF by 192.7% in the 1st quarter. Royal Bank of Canada now owns 36,454 shares of the company’s stock worth $1,172,000 after purchasing an additional 23,998 shares during the last quarter. Modern Wealth Management LLC grew its stake in FT Energy Income Partners Strategy ETF by 8.2% during the 1st quarter. Modern Wealth Management LLC now owns 34,618 shares of the company’s stock worth $1,103,000 after buying an additional 2,626 shares during the last quarter. AlTi Global Inc. increased its position in FT Energy Income Partners Strategy ETF by 4.8% in the first quarter. AlTi Global Inc. now owns 4,637,146 shares of the company’s stock worth $149,121,000 after buying an additional 213,373 shares during the period. D.A. Davidson & CO. acquired a new stake in FT Energy Income Partners Strategy ETF in the first quarter worth $271,000. Finally, Sigma Planning Corp lifted its stake in FT Energy Income Partners Strategy ETF by 13.2% in the first quarter. Sigma Planning Corp now owns 15,685 shares of the company’s stock valued at $504,000 after buying an additional 1,835 shares during the last quarter.

FT Energy Income Partners Strategy ETF Price Performance

Shares of NYSEARCA:EIPX opened at $32.41 on Wednesday. The company has a market cap of $560.69 million, a PE ratio of 14.99 and a beta of 0.32. The company’s 50-day moving average price is $31.90 and its 200 day moving average price is $31.37. FT Energy Income Partners Strategy ETF has a fifty-two week low of $25.38 and a fifty-two week high of $33.24.

FT Energy Income Partners Strategy ETF 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.