Eclectic Associates Inc. ADV Acquires Shares of 3,622 First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Eclectic Associates Inc. ADV acquired a new stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 3,622 shares of the company’s stock, valued at approximately $399,000.

Several other hedge funds also recently bought and sold shares of FPX. Able Wealth Management LLC bought a new position in First Trust US Equity Opportunities ETF in the 4th quarter valued at $75,000. ICA Group Wealth Management LLC grew its position in First Trust US Equity Opportunities ETF by 15.5% in the 4th quarter. ICA Group Wealth Management LLC now owns 5,267 shares of the company’s stock valued at $505,000 after acquiring an additional 707 shares during the last quarter. Mather Group LLC. bought a new position in First Trust US Equity Opportunities ETF in the 1st quarter valued at $26,000. RFG Advisory LLC grew its position in First Trust US Equity Opportunities ETF by 19.3% in the 1st quarter. RFG Advisory LLC now owns 3,631 shares of the company’s stock valued at $384,000 after acquiring an additional 587 shares during the last quarter. Finally, Epiq Partners LLC bought a new position in shares of First Trust US Equity Opportunities ETF during the 1st quarter worth $212,000.

First Trust US Equity Opportunities ETF Trading Up 1.9 %

Shares of FPX traded up $2.04 during midday trading on Friday, reaching $111.34. 7,545 shares of the stock were exchanged, compared to its average volume of 19,618. First Trust US Equity Opportunities ETF has a 52 week low of $75.74 and a 52 week high of $111.34. The company’s 50 day moving average is $102.72 and its two-hundred day moving average is $101.77. The company has a market capitalization of $812.81 million, a P/E ratio of 20.57 and a beta of 1.56.

First Trust US Equity Opportunities ETF 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.