First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Shares Sold by Concentrum Wealth Management

Concentrum Wealth Management decreased its stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 2.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 6,987 shares of the company’s stock after selling 200 shares during the period. Concentrum Wealth Management’s holdings in First Trust US Equity Opportunities ETF were worth $670,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. SRS Capital Advisors Inc. boosted its holdings in shares of First Trust US Equity Opportunities ETF by 0.6% in the 4th quarter. SRS Capital Advisors Inc. now owns 92,989 shares of the company’s stock valued at $8,917,000 after buying an additional 520 shares in the last quarter. Investors Research Corp boosted its stake in First Trust US Equity Opportunities ETF by 7.5% during the 4th quarter. Investors Research Corp now owns 5,559 shares of the company’s stock worth $533,000 after purchasing an additional 387 shares during the period. Meitav Investment House Ltd. acquired a new stake in First Trust US Equity Opportunities ETF during the 4th quarter worth $230,000. Cassia Capital Partners LLC boosted its stake in First Trust US Equity Opportunities ETF by 33.9% during the 4th quarter. Cassia Capital Partners LLC now owns 64,207 shares of the company’s stock worth $6,157,000 after purchasing an additional 16,259 shares during the period. Finally, Clarus Wealth Advisors acquired a new stake in First Trust US Equity Opportunities ETF during the 4th quarter worth $807,000.

First Trust US Equity Opportunities ETF Stock Up 1.4 %

NYSEARCA:FPX traded up $1.34 during trading hours on Thursday, reaching $100.04. 8,478 shares of the company’s stock were exchanged, compared to its average volume of 22,519. The firm has a market capitalization of $735.29 million, a price-to-earnings ratio of 18.96 and a beta of 1.50. The company has a 50-day moving average of $102.16 and a 200 day moving average of $94.56. First Trust US Equity Opportunities ETF has a 1-year low of $75.74 and a 1-year high of $107.42.

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.