MML Investors Services LLC Sells 266 Shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

MML Investors Services LLC cut its position in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 5.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,956 shares of the company’s stock after selling 266 shares during the quarter. MML Investors Services LLC owned about 0.07% of First Trust US Equity Opportunities ETF worth $546,000 as of its most recent filing with the Securities & Exchange Commission.

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

First Trust US Equity Opportunities ETF Stock Up 2.9 %

FPX stock opened at $123.33 on Monday. The business has a 50 day moving average of $121.24 and a 200 day moving average of $108.84. The firm has a market cap of $900.31 million, a PE ratio of 20.57 and a beta of 1.56. First Trust US Equity Opportunities ETF has a twelve month low of $88.74 and a twelve month high of $132.00.

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.