Insigneo Advisory Services LLC Sells 1,303 Shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Insigneo Advisory Services LLC lowered its holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 16.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,536 shares of the company’s stock after selling 1,303 shares during the quarter. Insigneo Advisory Services LLC’s holdings in First Trust US Equity Opportunities ETF were worth $603,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FPX. Mather Group LLC. acquired a new position in First Trust US Equity Opportunities ETF in the first quarter valued at about $26,000. International Assets Investment Management LLC acquired a new position in First Trust US Equity Opportunities ETF in the second quarter valued at approximately $62,000. Able Wealth Management LLC bought a new stake in First Trust US Equity Opportunities ETF in the fourth quarter valued at approximately $75,000. Commerce Bank bought a new stake in First Trust US Equity Opportunities ETF in the fourth quarter valued at approximately $211,000. Finally, Epiq Partners LLC bought a new stake in First Trust US Equity Opportunities ETF in the first quarter valued at approximately $212,000.

First Trust US Equity Opportunities ETF Stock Down 0.5 %

Shares of FPX stock opened at $109.53 on Friday. The company has a market capitalization of $799.57 million, a price-to-earnings ratio of 20.57 and a beta of 1.56. First Trust US Equity Opportunities ETF has a 12-month low of $75.74 and a 12-month high of $111.31. The firm has a fifty day moving average of $101.52 and a 200-day moving average of $101.49.

First Trust US Equity Opportunities ETF Company 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.