IFP Advisors Inc Sells 16,982 Shares of FT Energy Income Partners Strategy ETF $EIPX

IFP Advisors Inc lessened its position in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) by 80.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,015 shares of the company’s stock after selling 16,982 shares during the period. IFP Advisors Inc’s holdings in FT Energy Income Partners Strategy ETF were worth $106,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. HBW Advisory Services LLC grew its holdings 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 acquiring an additional 41,700 shares during the last quarter. Eastern Bank bought a new stake in FT Energy Income Partners Strategy ETF in the 4th quarter worth $2,666,000. AlTi Global Inc. grew its holdings 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 acquiring an additional 213,621 shares during the last quarter. Marshall Investment Management LLC bought a new stake in FT Energy Income Partners Strategy ETF in the 3rd quarter worth $1,224,000. Finally, Concurrent Investment Advisors LLC bought a new stake in FT Energy Income Partners Strategy ETF in the 4th quarter worth $708,000.

FT Energy Income Partners Strategy ETF Price Performance

Shares of FT Energy Income Partners Strategy ETF stock opened at $31.58 on Monday. The firm has a market cap of $511.60 million, a PE ratio of 14.99 and a beta of 0.36. FT Energy Income Partners Strategy ETF has a 12-month low of $24.75 and a 12-month high of $33.09. The company’s fifty day simple moving average is $32.11 and its two-hundred day simple moving average is $29.67.

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.