Cetera Investment Advisers Buys 3,024 Shares of First Trust US Equity Opportunities ETF $FPX

Cetera Investment Advisers lifted its stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 3.6% in the first quarter, HoldingsChannel reports. The institutional investor owned 86,687 shares of the company’s stock after buying an additional 3,024 shares during the quarter. Cetera Investment Advisers’ holdings in First Trust US Equity Opportunities ETF were worth $13,767,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Pacific Sun Financial Corp boosted its stake in First Trust US Equity Opportunities ETF by 6.9% in the 1st quarter. Pacific Sun Financial Corp now owns 8,223 shares of the company’s stock valued at $1,306,000 after buying an additional 532 shares in the last quarter. D.A. Davidson & CO. raised its stake in First Trust US Equity Opportunities ETF by 6.9% during the first quarter. D.A. Davidson & CO. now owns 30,246 shares of the company’s stock worth $4,803,000 after acquiring an additional 1,964 shares in the last quarter. Ethos Financial Group LLC acquired a new position in First Trust US Equity Opportunities ETF during the first quarter worth $7,226,000. Fifth Third Bancorp bought a new position in shares of First Trust US Equity Opportunities ETF during the first quarter valued at $32,000. Finally, Kestra Advisory Services LLC lifted its holdings in shares of First Trust US Equity Opportunities ETF by 24.2% during the first quarter. Kestra Advisory Services LLC now owns 21,432 shares of the company’s stock valued at $3,404,000 after acquiring an additional 4,170 shares during the period.

First Trust US Equity Opportunities ETF Stock Performance

Shares of NYSEARCA:FPX opened at $172.59 on Thursday. First Trust US Equity Opportunities ETF has a 52 week low of $142.97 and a 52 week high of $206.18. The company’s fifty day moving average is $191.82 and its 200-day moving average is $177.18. The company has a market capitalization of $1.44 billion, a PE ratio of 32.81 and a beta of 1.26.

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. The Index utilizes a 10% capping on all constituents and includes the 100 largest, typically best-performing and most liquid initial public offerings (IPOs) of the United States companies in the IPOX Global Composite Index.