First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC trimmed its stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 10.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,321 shares of the company’s stock after selling 273 shares during the quarter. AE Wealth Management LLC’s holdings in First Trust US Equity Opportunities ETF were worth $231,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in FPX. Impact Partnership Wealth LLC lifted its stake in shares of First Trust US Equity Opportunities ETF by 3.2% during the second quarter. Impact Partnership Wealth LLC now owns 4,736 shares of the company’s stock valued at $470,000 after buying an additional 149 shares during the period. IFG Advisory LLC purchased a new position in shares of First Trust US Equity Opportunities ETF during the 2nd quarter worth $662,000. International Assets Investment Management LLC acquired a new stake in shares of First Trust US Equity Opportunities ETF during the second quarter worth $62,000. Ameritas Advisory Services LLC purchased a new stake in shares of First Trust US Equity Opportunities ETF in the second quarter valued at $308,000. Finally, Signature Estate & Investment Advisors LLC acquired a new position in First Trust US Equity Opportunities ETF in the second quarter valued at $1,323,000.

First Trust US Equity Opportunities ETF Price Performance

NYSEARCA FPX opened at $109.80 on Friday. The company has a 50-day moving average of $101.71 and a 200-day moving average of $101.52. First Trust US Equity Opportunities ETF has a 12 month low of $75.74 and a 12 month high of $111.31. The company has a market cap of $801.52 million, a P/E ratio of 20.57 and a beta of 1.56.

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.