Rubicon Advisors GP Takes $523,000 Position in First Trust US Equity Opportunities ETF $FPX

Rubicon Advisors GP acquired a new position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 3,198 shares of the company’s stock, valued at approximately $523,000.

Other large investors have also made changes to their positions in the company. Worthington Financial Partners LLC bought a new stake in First Trust US Equity Opportunities ETF during the 4th quarter valued at approximately $4,135,000. Equitable Holdings Inc. increased its position in First Trust US Equity Opportunities ETF by 14.0% in the 4th quarter. Equitable Holdings Inc. now owns 13,729 shares of the company’s stock worth $2,246,000 after buying an additional 1,686 shares during the period. Kovack Advisors Inc. increased its position in First Trust US Equity Opportunities ETF by 46.1% in the 4th quarter. Kovack Advisors Inc. now owns 7,633 shares of the company’s stock worth $1,249,000 after buying an additional 2,407 shares during the period. Osaic Holdings Inc. increased its position in First Trust US Equity Opportunities ETF by 4.2% in the 4th quarter. Osaic Holdings Inc. now owns 99,641 shares of the company’s stock worth $16,302,000 after buying an additional 3,976 shares during the period. Finally, Private Advisor Group LLC lifted its holdings in shares of First Trust US Equity Opportunities ETF by 22.3% during the fourth quarter. Private Advisor Group LLC now owns 19,315 shares of the company’s stock worth $3,160,000 after buying an additional 3,524 shares during the last quarter.

First Trust US Equity Opportunities ETF Stock Performance

FPX opened at $200.41 on Friday. First Trust US Equity Opportunities ETF has a 1-year low of $137.50 and a 1-year high of $201.21. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 32.81 and a beta of 1.28. The business has a 50 day moving average of $185.79 and a 200-day moving average of $172.32.

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. 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.