Royal Bank of Canada Has $17.94 Million Holdings in First Trust US Equity Opportunities ETF $FPX

Royal Bank of Canada raised its holdings in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 57.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,977 shares of the company’s stock after acquiring an additional 41,319 shares during the quarter. Royal Bank of Canada’s holdings in First Trust US Equity Opportunities ETF were worth $17,941,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in FPX. NewEdge Advisors LLC boosted its holdings in shares of First Trust US Equity Opportunities ETF by 1.3% during the first quarter. NewEdge Advisors LLC now owns 8,745 shares of the company’s stock worth $977,000 after purchasing an additional 110 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in First Trust US Equity Opportunities ETF by 36.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,044 shares of the company’s stock valued at $151,000 after buying an additional 278 shares during the period. Baird Financial Group Inc. lifted its position in First Trust US Equity Opportunities ETF by 6.3% in the 2nd quarter. Baird Financial Group Inc. now owns 10,457 shares of the company’s stock worth $1,515,000 after buying an additional 624 shares in the last quarter. Raymond James Financial Inc. lifted its position in First Trust US Equity Opportunities ETF by 19.5% in the 2nd quarter. Raymond James Financial Inc. now owns 145,503 shares of the company’s stock worth $21,085,000 after buying an additional 23,784 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its position in First Trust US Equity Opportunities ETF by 3.0% in the 2nd quarter. Benjamin Edwards Inc. now owns 4,653 shares of the company’s stock worth $674,000 after buying an additional 137 shares in the last quarter.

First Trust US Equity Opportunities ETF Stock Down 1.6%

Shares of NYSEARCA:FPX opened at $179.68 on Friday. The firm has a fifty day moving average of $190.56 and a two-hundred day moving average of $177.71. First Trust US Equity Opportunities ETF has a 12-month low of $142.97 and a 12-month high of $206.18. The firm has a market capitalization of $1.49 billion, a P/E ratio of 32.81 and a beta of 1.28.

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.