Concentrum Wealth Management Lowers Holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Concentrum Wealth Management trimmed its holdings in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 3.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,007 shares of the company’s stock after selling 200 shares during the quarter. Concentrum Wealth Management owned approximately 0.08% of First Trust US Equity Opportunities ETF worth $718,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in FPX. Atala Financial Inc acquired a new position in First Trust US Equity Opportunities ETF during the 4th quarter valued at approximately $40,000. Wilmington Savings Fund Society FSB acquired a new position in First Trust US Equity Opportunities ETF in the 3rd quarter worth about $39,000. Assetmark Inc. purchased a new stake in First Trust US Equity Opportunities ETF in the 4th quarter worth $47,000. O Shaughnessy Asset Management LLC lifted its stake in First Trust US Equity Opportunities ETF by 373.9% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 417 shares of the company’s stock valued at $50,000 after buying an additional 329 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of First Trust US Equity Opportunities ETF by 34.5% in the third quarter. JPMorgan Chase & Co. now owns 444 shares of the company’s stock worth $49,000 after acquiring an additional 114 shares during the last quarter.

First Trust US Equity Opportunities ETF Trading Down 8.0 %

FPX stock opened at $99.20 on Monday. The firm has a 50-day moving average of $123.25 and a two-hundred day moving average of $121.19. The company has a market cap of $644.80 million, a price-to-earnings ratio of 28.99 and a beta of 1.24. First Trust US Equity Opportunities ETF has a 12 month low of $88.74 and a 12 month high of $143.53.

About First Trust US Equity Opportunities ETF

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.