Ahrens Investment Partners LLC lifted its stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 30.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 104,825 shares of the company’s stock after buying an additional 24,325 shares during the quarter. First Trust US Equity Opportunities ETF makes up about 2.9% of Ahrens Investment Partners LLC’s investment portfolio, making the stock its 8th largest position. Ahrens Investment Partners LLC owned about 0.67% of First Trust US Equity Opportunities ETF worth $7,786,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Morgan Stanley raised its stake in First Trust US Equity Opportunities ETF by 0.9% during the second quarter. Morgan Stanley now owns 1,143,699 shares of the company’s stock valued at $81,694,000 after purchasing an additional 9,943 shares in the last quarter. Bank of America Corp DE raised its stake in First Trust US Equity Opportunities ETF by 10.6% during the second quarter. Bank of America Corp DE now owns 673,706 shares of the company’s stock valued at $48,123,000 after purchasing an additional 64,488 shares in the last quarter. Cornerstone Wealth Management LLC raised its stake in First Trust US Equity Opportunities ETF by 7,037.4% during the second quarter. Cornerstone Wealth Management LLC now owns 631,302 shares of the company’s stock valued at $8,791,000 after purchasing an additional 622,457 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in First Trust US Equity Opportunities ETF by 61.1% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 262,346 shares of the company’s stock valued at $18,739,000 after purchasing an additional 99,522 shares in the last quarter. Finally, Raymond James & Associates raised its stake in First Trust US Equity Opportunities ETF by 28.6% during the second quarter. Raymond James & Associates now owns 181,256 shares of the company’s stock valued at $12,947,000 after purchasing an additional 40,291 shares in the last quarter.

First Trust US Equity Opportunities ETF stock opened at $64.13 on Wednesday. First Trust US Equity Opportunities ETF has a 52-week low of $63.59 and a 52-week high of $75.99.

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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.

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Institutional Ownership by Quarter for First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

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