Northwestern Mutual Wealth Management Co. Grows Position in First Trust US Equity Opportunities ETF $FPX

Northwestern Mutual Wealth Management Co. boosted its stake in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 5,572.3% during the 4th quarter, Holdings Channel reports. The firm owned 382,823 shares of the company’s stock after acquiring an additional 376,074 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.05% of First Trust US Equity Opportunities ETF worth $62,626,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of FPX. Stratos Wealth Partners LTD. raised its position in First Trust US Equity Opportunities ETF by 439.2% in the fourth quarter. Stratos Wealth Partners LTD. now owns 16,269 shares of the company’s stock valued at $2,661,000 after purchasing an additional 13,252 shares during the period. Krilogy Financial LLC purchased a new stake in First Trust US Equity Opportunities ETF in the third quarter valued at approximately $712,000. Private Advisory Group LLC purchased a new stake in First Trust US Equity Opportunities ETF in the third quarter valued at approximately $881,000. IFG Advisory LLC raised its position in First Trust US Equity Opportunities ETF by 96.4% in the third quarter. IFG Advisory LLC now owns 16,228 shares of the company’s stock valued at $2,696,000 after purchasing an additional 7,965 shares during the period. Finally, PFG Advisors purchased a new stake in First Trust US Equity Opportunities ETF in the fourth quarter valued at approximately $646,000.

First Trust US Equity Opportunities ETF Stock Performance

First Trust US Equity Opportunities ETF stock opened at $185.13 on Monday. First Trust US Equity Opportunities ETF has a twelve month low of $130.75 and a twelve month high of $190.94. The stock’s fifty day simple moving average is $171.43 and its 200-day simple moving average is $167.05. The firm has a market capitalization of $1.36 billion, a P/E ratio of 32.81 and a beta of 1.27.

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. 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.