Stratos Wealth Partners LTD. Lowers Holdings in First Trust US Equity Opportunities ETF $FPX

Stratos Wealth Partners LTD. trimmed its holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 10.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,972 shares of the company’s stock after selling 342 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in First Trust US Equity Opportunities ETF were worth $431,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Harbour Investments Inc. boosted its holdings in First Trust US Equity Opportunities ETF by 1.0% in the second quarter. Harbour Investments Inc. now owns 28,684 shares of the company’s stock valued at $4,157,000 after purchasing an additional 290 shares during the last quarter. RFG Advisory LLC boosted its stake in shares of First Trust US Equity Opportunities ETF by 2.6% during the 2nd quarter. RFG Advisory LLC now owns 3,806 shares of the company’s stock worth $552,000 after acquiring an additional 97 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its stake in shares of First Trust US Equity Opportunities ETF by 238.8% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 227 shares of the company’s stock worth $33,000 after acquiring an additional 160 shares in the last quarter. Concurrent Investment Advisors LLC boosted its stake in shares of First Trust US Equity Opportunities ETF by 13.9% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 5,681 shares of the company’s stock worth $823,000 after acquiring an additional 692 shares in the last quarter. Finally, Trust Co. of Toledo NA OH purchased a new stake in shares of First Trust US Equity Opportunities ETF during the 2nd quarter worth about $29,000.

First Trust US Equity Opportunities ETF Stock Up 2.2%

FPX stock opened at $163.63 on Friday. The company’s 50-day simple moving average is $158.85 and its 200-day simple moving average is $143.20. First Trust US Equity Opportunities ETF has a 52-week low of $94.13 and a 52-week high of $169.38. The firm has a market cap of $1.17 billion, a P/E ratio of 32.81 and a beta of 1.09.

First Trust US Equity Opportunities ETF Company 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.