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

Eclectic Associates Inc. ADV bought a new stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,622 shares of the company’s stock, valued at approximately $399,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Able Wealth Management LLC acquired a new stake in First Trust US Equity Opportunities ETF in the 4th quarter valued at approximately $75,000. ICA Group Wealth Management LLC raised 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 buying an additional 707 shares during the last quarter. Mather Group LLC. acquired a new stake in First Trust US Equity Opportunities ETF in the 1st quarter valued at approximately $26,000. RFG Advisory LLC raised 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 buying an additional 587 shares during the last quarter. Finally, Epiq Partners LLC acquired a new stake in First Trust US Equity Opportunities ETF in the 1st quarter valued at approximately $212,000.

First Trust US Equity Opportunities ETF Stock Performance

First Trust US Equity Opportunities ETF stock traded up $2.04 during midday trading on Friday, reaching $111.34. The stock had a trading volume of 7,545 shares, compared to its average volume of 19,618. The stock has a market capitalization of $812.81 million, a P/E ratio of 20.57 and a beta of 1.56. The firm’s fifty day simple moving average is $102.72 and its 200-day simple moving average is $101.77. First Trust US Equity Opportunities ETF has a 1-year low of $75.74 and a 1-year high of $111.34.

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.