First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Sees Large Volume Increase – Here’s Why

Shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) saw an uptick in trading volume on Tuesday . 33,245 shares traded hands during mid-day trading, an increase of 57% from the previous session’s volume of 21,115 shares.The stock last traded at $105.92 and had previously closed at $100.25.

First Trust US Equity Opportunities ETF Trading Up 0.9 %

The stock has a market cap of $657.68 million, a P/E ratio of 28.99 and a beta of 1.24. The business’s fifty day simple moving average is $122.74 and its 200 day simple moving average is $121.12.

Institutional Trading of First Trust US Equity Opportunities ETF

Institutional investors have recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in First Trust US Equity Opportunities ETF in the 3rd quarter valued at about $39,000. Atala Financial Inc acquired a new stake in First Trust US Equity Opportunities ETF during the 4th quarter worth approximately $40,000. Assetmark Inc. acquired a new stake in shares of First Trust US Equity Opportunities ETF during the fourth quarter worth $47,000. Banque Transatlantique SA bought a new stake in shares of First Trust US Equity Opportunities ETF in the fourth quarter valued at about $48,000. Finally, JPMorgan Chase & Co. grew its position in shares of First Trust US Equity Opportunities ETF by 34.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 444 shares of the company’s stock worth $49,000 after purchasing an additional 114 shares in the last quarter.

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.