First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Sets New 12-Month High – Here’s What Happened

First Trust US Equity Opportunities ETF (NYSEARCA:FPX)’s share price reached a new 52-week high on Thursday . The company traded as high as $135.19 and last traded at $135.19, with a volume of 106173 shares. The stock had previously closed at $134.01.

First Trust US Equity Opportunities ETF Stock Performance

The company’s 50 day simple moving average is $126.04 and its 200-day simple moving average is $114.76. The firm has a market capitalization of $986.89 million, a PE ratio of 20.57 and a beta of 1.56.

Institutional Investors Weigh In On First Trust US Equity Opportunities ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Truist Financial Corp lifted its position in First Trust US Equity Opportunities ETF by 61.3% during the fourth quarter. Truist Financial Corp now owns 61,185 shares of the company’s stock valued at $7,312,000 after purchasing an additional 23,260 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of First Trust US Equity Opportunities ETF by 0.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 47,422 shares of the company’s stock valued at $5,667,000 after buying an additional 428 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of First Trust US Equity Opportunities ETF by 2.7% during the 4th quarter. D.A. Davidson & CO. now owns 27,790 shares of the company’s stock worth $3,321,000 after acquiring an additional 721 shares during the last quarter. Proactive Wealth Strategies LLC grew its position in First Trust US Equity Opportunities ETF by 15.3% in the fourth quarter. Proactive Wealth Strategies LLC now owns 22,098 shares of the company’s stock worth $2,641,000 after acquiring an additional 2,932 shares in the last quarter. Finally, Golden State Wealth Management LLC bought a new position in First Trust US Equity Opportunities ETF in the fourth quarter valued at $2,543,000.

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.