EverSource Wealth Advisors LLC Takes $391,000 Position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

EverSource Wealth Advisors LLC purchased a new stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,268 shares of the company’s stock, valued at approximately $391,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in shares of First Trust US Equity Opportunities ETF in the fourth quarter valued at $14,196,000. Truist Financial Corp lifted its stake in First Trust US Equity Opportunities ETF by 61.3% in the 4th quarter. Truist Financial Corp now owns 61,185 shares of the company’s stock worth $7,312,000 after acquiring an additional 23,260 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in 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 worth $5,667,000 after acquiring an additional 428 shares during the period. D.A. Davidson & CO. grew its stake in 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 valued at $3,321,000 after acquiring an additional 721 shares in the last quarter. Finally, Proactive Wealth Strategies LLC increased its holdings in shares of First Trust US Equity Opportunities ETF by 15.3% in the 4th quarter. Proactive Wealth Strategies LLC now owns 22,098 shares of the company’s stock valued at $2,641,000 after purchasing an additional 2,932 shares during the period.

First Trust US Equity Opportunities ETF Stock Performance

FPX stock opened at $112.90 on Friday. The firm has a 50 day simple moving average of $126.92 and a 200 day simple moving average of $119.68. First Trust US Equity Opportunities ETF has a 52 week low of $88.74 and a 52 week high of $143.53. The stock has a market cap of $750.79 million, a P/E ratio of 30.60 and a beta of 1.25.

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.