SRS Capital Advisors Inc. Grows Stock Position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

SRS Capital Advisors Inc. boosted its holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 0.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 92,989 shares of the company’s stock after acquiring an additional 520 shares during the period. First Trust US Equity Opportunities ETF accounts for about 1.0% of SRS Capital Advisors Inc.’s portfolio, making the stock its 29th largest holding. SRS Capital Advisors Inc. owned approximately 1.04% of First Trust US Equity Opportunities ETF worth $8,917,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Twin Peaks Wealth Advisors LLC acquired a new stake in First Trust US Equity Opportunities ETF in the 4th quarter valued at approximately $4,500,000. Cassia Capital Partners LLC raised its holdings in shares of First Trust US Equity Opportunities ETF by 33.9% in the 4th quarter. Cassia Capital Partners LLC now owns 64,207 shares of the company’s stock valued at $6,157,000 after buying an additional 16,259 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in shares of First Trust US Equity Opportunities ETF by 11.6% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 112,844 shares of the company’s stock valued at $9,476,000 after buying an additional 11,690 shares during the period. Clarus Wealth Advisors acquired a new position in First Trust US Equity Opportunities ETF during the 4th quarter worth about $807,000. Finally, Raymond James & Associates boosted its holdings in First Trust US Equity Opportunities ETF by 5.1% during the 3rd quarter. Raymond James & Associates now owns 92,784 shares of the company’s stock valued at $7,792,000 after acquiring an additional 4,535 shares during the period.

First Trust US Equity Opportunities ETF Stock Performance

Shares of FPX traded up $1.40 during mid-day trading on Thursday, hitting $100.10. 8,029 shares of the company’s stock were exchanged, compared to its average volume of 22,519. The stock’s 50-day moving average is $102.16 and its 200-day moving average is $94.56. First Trust US Equity Opportunities ETF has a fifty-two week low of $75.74 and a fifty-two week high of $107.42. The company has a market cap of $735.74 million, a price-to-earnings ratio of 18.96 and a beta of 1.50.

First Trust US Equity Opportunities ETF Company 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.