Insigneo Advisory Services LLC Buys New Holdings in First Trust US Equity Opportunities ETF $FPX

Insigneo Advisory Services LLC purchased a new position in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) during the second quarter, HoldingsChannel reports. The firm purchased 1,577 shares of the company’s stock, valued at approximately $229,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Pure Financial Advisors LLC grew its stake in First Trust US Equity Opportunities ETF by 2.8% in the second quarter. Pure Financial Advisors LLC now owns 2,580 shares of the company’s stock valued at $374,000 after acquiring an additional 70 shares during the period. Assetmark Inc. raised its position in shares of First Trust US Equity Opportunities ETF by 21.0% during the first quarter. Assetmark Inc. now owns 479 shares of the company’s stock worth $54,000 after purchasing an additional 83 shares during the period. RFG Advisory LLC lifted its holdings in shares of First Trust US Equity Opportunities ETF by 2.6% in the 2nd quarter. RFG Advisory LLC now owns 3,806 shares of the company’s stock worth $552,000 after purchasing an additional 97 shares in the last quarter. NewEdge Advisors LLC grew its position in First Trust US Equity Opportunities ETF by 1.3% in the 1st quarter. NewEdge Advisors LLC now owns 8,745 shares of the company’s stock valued at $977,000 after purchasing an additional 110 shares during the period. Finally, Signature Estate & Investment Advisors LLC grew its position in First Trust US Equity Opportunities ETF by 1.2% in the 1st quarter. Signature Estate & Investment Advisors LLC now owns 11,788 shares of the company’s stock valued at $1,317,000 after purchasing an additional 137 shares during the period.

First Trust US Equity Opportunities ETF Trading Up 1.7%

Shares of FPX stock opened at $159.54 on Thursday. The firm has a fifty day simple moving average of $163.09 and a two-hundred day simple moving average of $151.55. First Trust US Equity Opportunities ETF has a 12 month low of $94.13 and a 12 month high of $171.01. The firm has a market capitalization of $1.14 billion, a PE ratio of 32.81 and a beta of 1.26.

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.