Cerity Partners OCIO LLC Takes $56.62 Million Position in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX)

Cerity Partners OCIO LLC acquired a new position in shares of FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,424,815 shares of the company’s stock, valued at approximately $56,619,000. FT Energy Income Partners Strategy ETF comprises approximately 4.3% of Cerity Partners OCIO LLC’s portfolio, making the stock its 11th largest holding. Cerity Partners OCIO LLC owned about 19.24% of FT Energy Income Partners Strategy ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of EIPX. Private Advisor Group LLC lifted its holdings in shares of FT Energy Income Partners Strategy ETF by 90.9% during the first quarter. Private Advisor Group LLC now owns 322,132 shares of the company’s stock worth $7,425,000 after purchasing an additional 153,389 shares during the period. Perella Weinberg Partners Capital Management LP bought a new stake in shares of FT Energy Income Partners Strategy ETF in the 4th quarter valued at about $41,174,000. Finally, Fiduciary Trust Co grew its position in shares of FT Energy Income Partners Strategy ETF by 1.2% in the 4th quarter. Fiduciary Trust Co now owns 5,291,743 shares of the company’s stock valued at $112,608,000 after buying an additional 61,637 shares during the last quarter.

FT Energy Income Partners Strategy ETF Price Performance

Shares of EIPX opened at $24.41 on Friday. The business has a 50-day moving average of $23.97 and a 200-day moving average of $23.49. The company has a market capitalization of $307.59 million, a price-to-earnings ratio of 11.81 and a beta of 0.50. FT Energy Income Partners Strategy ETF has a 1 year low of $20.06 and a 1 year high of $24.62.

FT Energy Income Partners Strategy ETF Profile

The FT Energy Income Partners Strategy ETF (EIPX) is an exchange-traded fund that mostly invests in energy equity. The fund seeks risk-adjusted total return through an actively managed portfolio of global stocks in the energy sector, as broadly defined by the funds sub-adviser. EIPX was launched on Nov 2, 2022 and is managed by First Trust.