Ethos Financial Group LLC Takes $7.23 Million Position in First Trust US Equity Opportunities ETF $FPX

Ethos Financial Group LLC purchased a new stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 45,500 shares of the company’s stock, valued at approximately $7,226,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Comerica Bank grew its position in First Trust US Equity Opportunities ETF by 457.6% during the 3rd quarter. Comerica Bank now owns 184 shares of the company’s stock worth $31,000 after purchasing an additional 151 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of First Trust US Equity Opportunities ETF in the first quarter valued at $32,000. Osbon Capital Management LLC purchased a new stake in shares of First Trust US Equity Opportunities ETF in the fourth quarter valued at $43,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of First Trust US Equity Opportunities ETF in the fourth quarter worth $59,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of First Trust US Equity Opportunities ETF in the fourth quarter worth $85,000.

First Trust US Equity Opportunities ETF Trading Up 1.2%

Shares of FPX stock opened at $191.62 on Wednesday. First Trust US Equity Opportunities ETF has a 1-year low of $142.97 and a 1-year high of $206.18. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 32.81 and a beta of 1.26. The stock’s fifty day simple moving average is $192.36 and its 200-day simple moving average is $175.87.

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. 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.