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 hit a new 52-week high during trading on Thursday . The stock traded as high as $135.19 and last traded at $135.19, with a volume of 106173 shares changing hands. The stock had previously closed at $134.01.

First Trust US Equity Opportunities ETF Stock Up 0.9 %

The business has a 50 day moving average price of $126.04 and a two-hundred day moving average price of $114.76. The stock has a market cap of $986.89 million, a P/E ratio of 20.57 and a beta of 1.56.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FPX. Wilmington Savings Fund Society FSB bought a new stake in First Trust US Equity Opportunities ETF in the 3rd quarter worth approximately $39,000. JPMorgan Chase & Co. grew its holdings in shares of First Trust US Equity Opportunities ETF by 34.5% in the third quarter. JPMorgan Chase & Co. now owns 444 shares of the company’s stock valued at $49,000 after purchasing an additional 114 shares in the last quarter. Pathway Financial Advisers LLC bought a new stake in First Trust US Equity Opportunities ETF in the third quarter worth $52,000. Decker Retirement Planning Inc. purchased a new stake in First Trust US Equity Opportunities ETF during the fourth quarter valued at $70,000. Finally, Blue Trust Inc. bought a new position in First Trust US Equity Opportunities ETF during the fourth quarter valued at $105,000.

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.