46,994 Shares in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC purchased a new stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 46,994 shares of the company’s stock, valued at approximately $5,178,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its stake in shares of First Trust US Equity Opportunities ETF by 23.2% during the 1st quarter. Cetera Investment Advisers now owns 130,004 shares of the company’s stock worth $13,754,000 after purchasing an additional 24,514 shares in the last quarter. SageView Advisory Group LLC bought a new stake in First Trust US Equity Opportunities ETF during the first quarter worth $7,567,000. Cetera Advisors LLC lifted its stake in First Trust US Equity Opportunities ETF by 94.9% in the first quarter. Cetera Advisors LLC now owns 58,906 shares of the company’s stock valued at $6,232,000 after acquiring an additional 28,679 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new stake in First Trust US Equity Opportunities ETF in the third quarter valued at $1,789,000. Finally, Signature Estate & Investment Advisors LLC bought a new position in shares of First Trust US Equity Opportunities ETF in the 2nd quarter valued at about $1,323,000.

First Trust US Equity Opportunities ETF Stock Performance

Shares of FPX stock opened at $124.45 on Friday. First Trust US Equity Opportunities ETF has a 52-week low of $80.32 and a 52-week high of $124.45. The stock has a market cap of $908.49 million, a price-to-earnings ratio of 20.57 and a beta of 1.56. The firm’s 50-day moving average is $110.04 and its 200-day moving average is $103.77.

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.