Ocean Park Asset Management LLC Purchases New Holdings in First Trust US Equity Opportunities ETF $FPX

Ocean Park Asset Management LLC purchased a new stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 50,325 shares of the company’s stock, valued at approximately $10,376,000. Ocean Park Asset Management LLC owned approximately 0.62% of First Trust US Equity Opportunities ETF as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Comerica Bank boosted its holdings in shares of First Trust US Equity Opportunities ETF by 457.6% in the 3rd quarter. Comerica Bank now owns 184 shares of the company’s stock valued at $31,000 after buying an additional 151 shares during the last quarter. Fifth Third Bancorp acquired a new position in First Trust US Equity Opportunities ETF during the first quarter worth $32,000. Osbon Capital Management LLC acquired a new position in First Trust US Equity Opportunities ETF during the fourth quarter worth $43,000. Whittier Trust Co. of Nevada Inc. bought a new stake in First Trust US Equity Opportunities ETF during the fourth quarter worth $59,000. Finally, International Assets Investment Management LLC acquired a new stake in First Trust US Equity Opportunities ETF in the fourth quarter valued at $86,000.

First Trust US Equity Opportunities ETF Price Performance

Shares of FPX opened at $181.20 on Wednesday. The company has a market cap of $1.50 billion, a PE ratio of 32.81 and a beta of 1.28. The firm has a 50-day moving average of $189.77 and a 200-day moving average of $178.01. First Trust US Equity Opportunities ETF has a one year low of $142.97 and a one year high of $206.18.

First Trust US Equity Opportunities ETF Profile

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.