International Assets Investment Management LLC Sells 88,960 Shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

International Assets Investment Management LLC decreased its stake in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 52.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 80,068 shares of the company’s stock after selling 88,960 shares during the period. International Assets Investment Management LLC owned approximately 0.89% of First Trust US Equity Opportunities ETF worth $7,678,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Cascade Investment Advisors Inc. boosted its stake in First Trust US Equity Opportunities ETF by 3.7% during the 4th quarter. Cascade Investment Advisors Inc. now owns 5,891 shares of the company’s stock valued at $565,000 after purchasing an additional 210 shares during the last quarter. Stifel Financial Corp boosted its position in shares of First Trust US Equity Opportunities ETF by 2.1% during the third quarter. Stifel Financial Corp now owns 29,896 shares of the company’s stock valued at $2,511,000 after buying an additional 612 shares during the last quarter. Good Life Advisors LLC increased its holdings in First Trust US Equity Opportunities ETF by 2.1% in the 4th quarter. Good Life Advisors LLC now owns 56,771 shares of the company’s stock worth $5,444,000 after buying an additional 1,193 shares in the last quarter. NBC Securities Inc. purchased a new position in First Trust US Equity Opportunities ETF in the 3rd quarter worth about $121,000. Finally, Advisory Resource Group bought a new position in First Trust US Equity Opportunities ETF during the 4th quarter valued at about $202,000.

First Trust US Equity Opportunities ETF Stock Up 2.0 %

Shares of NYSEARCA FPX opened at $103.62 on Tuesday. The firm’s 50-day moving average price is $102.28 and its 200-day moving average price is $95.06. First Trust US Equity Opportunities ETF has a 52-week low of $75.74 and a 52-week high of $107.42. The company has a market cap of $761.61 million, a PE ratio of 18.96 and a beta of 1.50.

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.