First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Stock Price Up 5.2% – Here’s What Happened

First Trust US Equity Opportunities ETF (NYSEARCA:FPX)’s share price traded up 5.2% during mid-day trading on Monday . The company traded as high as $113.21 and last traded at $114.11. 13,525 shares changed hands during trading, a decline of 61% from the average session volume of 34,284 shares. The stock had previously closed at $108.49.

First Trust US Equity Opportunities ETF Stock Performance

The firm has a market cap of $751.58 million, a price-to-earnings ratio of 30.60 and a beta of 1.25. The stock’s 50 day simple moving average is $126.31 and its 200-day simple moving average is $120.15.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust US Equity Opportunities ETF in the third quarter worth $39,000. Atala Financial Inc acquired a new stake in shares of First Trust US Equity Opportunities ETF in the fourth quarter worth $40,000. Assetmark Inc. acquired a new stake in shares of First Trust US Equity Opportunities ETF in the fourth quarter worth $47,000. Banque Transatlantique SA acquired a new stake in shares of First Trust US Equity Opportunities ETF in the fourth quarter worth $48,000. Finally, JPMorgan Chase & Co. increased 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 period.

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.