2,424,815 Shares in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) Acquired by Cerity Partners OCIO LLC

Cerity Partners OCIO LLC bought a new position in shares of FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,424,815 shares of the company’s stock, valued at approximately $56,619,000. FT Energy Income Partners Strategy ETF makes up about 4.3% of Cerity Partners OCIO LLC’s portfolio, making the stock its 11th biggest position. Cerity Partners OCIO LLC owned approximately 0.19% of FT Energy Income Partners Strategy ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Private Advisor Group LLC raised its position in FT Energy Income Partners Strategy ETF by 1.5% in the 2nd quarter. Private Advisor Group LLC now owns 326,915 shares of the company’s stock valued at $7,633,000 after buying an additional 4,783 shares during the last quarter. Fiduciary Trust Co boosted its position in FT Energy Income Partners Strategy ETF by 1.2% during the fourth quarter. Fiduciary Trust Co now owns 5,291,743 shares of the company’s stock worth $112,608,000 after purchasing an additional 61,637 shares during the period. Finally, Perella Weinberg Partners Capital Management LP bought a new stake in FT Energy Income Partners Strategy ETF during the 4th quarter valued at $41,174,000.

FT Energy Income Partners Strategy ETF Stock Up 0.1 %

EIPX stock opened at $24.41 on Friday. The stock has a 50-day simple moving average of $23.97 and a two-hundred day simple moving average of $23.49. FT Energy Income Partners Strategy ETF has a twelve month low of $20.06 and a twelve month high of $24.62. The firm has a market capitalization of $307.59 million, a PE ratio of 11.81 and a beta of 0.50.

FT Energy Income Partners Strategy ETF Company Profile

The FT Energy Income Partners Strategy ETF (EIPX) is an exchange-traded fund that mostly invests in energy equity. The fund seeks risk-adjusted total return through an actively managed portfolio of global stocks in the energy sector, as broadly defined by the funds sub-adviser. EIPX was launched on Nov 2, 2022 and is managed by First Trust.