Raymond James & Associates Cuts Position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Raymond James & Associates decreased its holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 6.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 77,300 shares of the company’s stock after selling 5,000 shares during the quarter. Raymond James & Associates owned about 1.06% of First Trust US Equity Opportunities ETF worth $8,518,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of FPX. Lloyd Advisory Services LLC. purchased a new position in shares of First Trust US Equity Opportunities ETF in the third quarter valued at $1,789,000. Clarus Wealth Advisors increased its position in shares of First Trust US Equity Opportunities ETF by 5.1% in the third quarter. Clarus Wealth Advisors now owns 7,702 shares of the company’s stock valued at $849,000 after buying an additional 373 shares in the last quarter. Dynamic Advisor Solutions LLC purchased a new position in shares of First Trust US Equity Opportunities ETF in the third quarter valued at $216,000. Eclectic Associates Inc. ADV acquired a new stake in shares of First Trust US Equity Opportunities ETF during the third quarter valued at $399,000. Finally, Sanctuary Advisors LLC purchased a new stake in First Trust US Equity Opportunities ETF during the 2nd quarter worth about $218,000.

First Trust US Equity Opportunities ETF Price Performance

Shares of NYSEARCA FPX opened at $114.24 on Wednesday. The company has a 50-day simple moving average of $107.71 and a 200-day simple moving average of $102.69. The company has a market cap of $833.95 million, a PE 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 $115.20.

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.