Independent Advisor Alliance Purchases Shares of 2,704 First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Independent Advisor Alliance acquired a new position in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 2,704 shares of the company’s stock, valued at approximately $323,000.

Other large investors also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust US Equity Opportunities ETF during the 3rd quarter valued at $39,000. Assetmark Inc. acquired a new position in shares of First Trust US Equity Opportunities ETF during the fourth quarter worth about $47,000. JPMorgan Chase & Co. lifted its stake in shares of First Trust US Equity Opportunities ETF by 34.5% during the third quarter. JPMorgan Chase & Co. now owns 444 shares of the company’s stock worth $49,000 after purchasing an additional 114 shares in the last quarter. Decker Retirement Planning Inc. purchased a new stake in shares of First Trust US Equity Opportunities ETF in the fourth quarter worth about $70,000. Finally, Blue Trust Inc. acquired a new stake in shares of First Trust US Equity Opportunities ETF in the fourth quarter valued at about $105,000.

First Trust US Equity Opportunities ETF Stock Performance

First Trust US Equity Opportunities ETF stock opened at $113.02 on Wednesday. The firm has a market capitalization of $751.58 million, a PE ratio of 30.60 and a beta of 1.25. First Trust US Equity Opportunities ETF has a one year low of $88.74 and a one year high of $143.53. The stock’s 50 day moving average price is $126.31 and its 200 day moving average price is $120.15.

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.