Jane Street Group LLC Sells 74,719 Shares of FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX)

Jane Street Group LLC decreased its position in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) by 70.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 30,621 shares of the company’s stock after selling 74,719 shares during the period. Jane Street Group LLC owned 0.24% of FT Energy Income Partners Strategy ETF worth $740,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Stifel Financial Corp lifted its holdings in shares of FT Energy Income Partners Strategy ETF by 3.5% in the 3rd quarter. Stifel Financial Corp now owns 184,242 shares of the company’s stock worth $4,455,000 after buying an additional 6,312 shares during the period. Fiduciary Trust Co raised its holdings in shares of FT Energy Income Partners Strategy ETF by 0.4% in the third quarter. Fiduciary Trust Co now owns 5,355,165 shares of the company’s stock valued at $129,488,000 after acquiring an additional 21,169 shares in the last quarter. Summit Trail Advisors LLC purchased a new stake in FT Energy Income Partners Strategy ETF in the third quarter worth about $1,858,000. Private Advisor Group LLC lifted its stake in FT Energy Income Partners Strategy ETF by 4.5% in the third quarter. Private Advisor Group LLC now owns 341,596 shares of the company’s stock worth $8,260,000 after acquiring an additional 14,681 shares during the period. Finally, Cedrus LLC grew its holdings in FT Energy Income Partners Strategy ETF by 24.5% during the 3rd quarter. Cedrus LLC now owns 38,282 shares of the company’s stock worth $926,000 after acquiring an additional 7,543 shares in the last quarter.

FT Energy Income Partners Strategy ETF Stock Performance

NYSEARCA:EIPX opened at $24.76 on Friday. The firm has a 50-day simple moving average of $25.10 and a 200-day simple moving average of $24.39. FT Energy Income Partners Strategy ETF has a one year low of $20.53 and a one year high of $26.62. The firm has a market cap of $311.98 million, a P/E ratio of 11.81 and a beta of 0.50.

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.