FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC lifted its holdings in shares of FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) by 4.5% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 341,596 shares of the company’s stock after acquiring an additional 14,681 shares during the period. Private Advisor Group LLC owned approximately 2.71% of FT Energy Income Partners Strategy ETF worth $8,260,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EIPX. Cerity Partners OCIO LLC acquired a new position in shares of FT Energy Income Partners Strategy ETF in the second quarter worth about $56,619,000. AlTi Global Inc. raised its holdings in FT Energy Income Partners Strategy ETF by 26.4% in the 2nd quarter. AlTi Global Inc. now owns 3,403,611 shares of the company’s stock worth $79,475,000 after purchasing an additional 711,067 shares during the period. CVA Family Office LLC purchased a new position in FT Energy Income Partners Strategy ETF during the third quarter worth approximately $612,000. Finally, Cedrus LLC grew its holdings in FT Energy Income Partners Strategy ETF by 24.5% in the third quarter. Cedrus LLC now owns 38,282 shares of the company’s stock valued at $926,000 after purchasing an additional 7,543 shares during the period.

FT Energy Income Partners Strategy ETF Price Performance

Shares of EIPX stock opened at $24.45 on Friday. The stock has a 50 day simple moving average of $24.36 and a 200-day simple moving average of $23.81. FT Energy Income Partners Strategy ETF has a 1-year low of $20.53 and a 1-year high of $25.08. The company has a market cap of $308.07 million, a price-to-earnings ratio of 11.81 and a beta of 0.50.

About FT Energy Income Partners Strategy ETF

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.