26,790 Shares in FT Energy Income Partners Strategy ETF $EIPX Acquired by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC purchased a new position in shares of FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 26,790 shares of the company’s stock, valued at approximately $708,000.

Several other hedge funds have also added to or reduced their stakes in EIPX. AlTi Global Inc. lifted its holdings in FT Energy Income Partners Strategy ETF by 5.1% during the 3rd quarter. AlTi Global Inc. now owns 4,387,022 shares of the company’s stock worth $114,794,000 after purchasing an additional 213,621 shares during the last quarter. Eastern Bank acquired a new position in FT Energy Income Partners Strategy ETF in the 4th quarter valued at $2,666,000. Marshall Investment Management LLC acquired a new position in FT Energy Income Partners Strategy ETF in the 3rd quarter valued at $1,224,000. HBW Advisory Services LLC raised its holdings in FT Energy Income Partners Strategy ETF by 526.1% in the 4th quarter. HBW Advisory Services LLC now owns 49,626 shares of the company’s stock valued at $1,312,000 after acquiring an additional 41,700 shares in the last quarter. Finally, Bank of America Corp DE acquired a new position in FT Energy Income Partners Strategy ETF in the 2nd quarter valued at $762,000.

FT Energy Income Partners Strategy ETF Price Performance

Shares of NYSEARCA EIPX opened at $32.63 on Friday. The stock has a market capitalization of $528.61 million, a PE ratio of 14.99 and a beta of 0.36. The business has a fifty day moving average price of $31.75 and a two-hundred day moving average price of $28.82. FT Energy Income Partners Strategy ETF has a fifty-two week low of $24.13 and a fifty-two week high of $32.89.

FT Energy Income Partners Strategy ETF Profile

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.