Spectrum Wealth Advisory Group LLC Sells 255 Shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Spectrum Wealth Advisory Group LLC reduced its position in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 2.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,012 shares of the company’s stock after selling 255 shares during the period. First Trust US Equity Opportunities ETF comprises about 0.7% of Spectrum Wealth Advisory Group LLC’s investment portfolio, making the stock its 22nd biggest position. Spectrum Wealth Advisory Group LLC owned 0.16% of First Trust US Equity Opportunities ETF worth $1,436,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new position in shares of First Trust US Equity Opportunities ETF in the third quarter worth about $39,000. JPMorgan Chase & Co. raised its stake in shares of First Trust US Equity Opportunities ETF by 34.5% in the third quarter. JPMorgan Chase & Co. now owns 444 shares of the company’s stock worth $49,000 after acquiring an additional 114 shares during the last quarter. Pathway Financial Advisers LLC bought a new position in shares of First Trust US Equity Opportunities ETF in the third quarter worth about $52,000. Decker Retirement Planning Inc. bought a new position in shares of First Trust US Equity Opportunities ETF in the fourth quarter worth about $70,000. Finally, Blue Trust Inc. bought a new position in shares of First Trust US Equity Opportunities ETF in the fourth quarter worth about $105,000.

First Trust US Equity Opportunities ETF Trading Up 1.6 %

Shares of NYSEARCA FPX opened at $142.25 on Friday. The company has a market cap of $1.04 billion, a PE ratio of 20.57 and a beta of 1.56. The company has a 50-day moving average of $127.15 and a two-hundred day moving average of $116.61. First Trust US Equity Opportunities ETF has a 1-year low of $88.74 and a 1-year high of $142.33.

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.