Stratos Wealth Partners LTD. Has $2.66 Million Stock Holdings in First Trust US Equity Opportunities ETF $FPX

Stratos Wealth Partners LTD. raised its position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 439.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 16,269 shares of the company’s stock after purchasing an additional 13,252 shares during the period. Stratos Wealth Partners LTD.’s holdings in First Trust US Equity Opportunities ETF were worth $2,661,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FPX. Royal Bank of Canada grew its holdings in First Trust US Equity Opportunities ETF by 0.6% in the 1st quarter. Royal Bank of Canada now owns 51,337 shares of the company’s stock valued at $5,736,000 after buying an additional 313 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of First Trust US Equity Opportunities ETF by 1.3% during the 1st quarter. NewEdge Advisors LLC now owns 8,745 shares of the company’s stock worth $977,000 after purchasing an additional 110 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of First Trust US Equity Opportunities ETF by 36.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,044 shares of the company’s stock worth $151,000 after purchasing an additional 278 shares in the last quarter. Baird Financial Group Inc. grew its holdings in shares of First Trust US Equity Opportunities ETF by 6.3% during the 2nd quarter. Baird Financial Group Inc. now owns 10,457 shares of the company’s stock worth $1,515,000 after purchasing an additional 624 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of First Trust US Equity Opportunities ETF by 19.5% during the 2nd quarter. Raymond James Financial Inc. now owns 145,503 shares of the company’s stock worth $21,085,000 after purchasing an additional 23,784 shares in the last quarter.

First Trust US Equity Opportunities ETF Stock Performance

FPX opened at $163.89 on Tuesday. The firm has a market cap of $1.20 billion, a P/E ratio of 32.81 and a beta of 1.26. First Trust US Equity Opportunities ETF has a 52-week low of $94.13 and a 52-week high of $174.68. The business’s fifty day moving average is $163.37 and its 200-day moving average is $164.31.

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. 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.