Golden State Wealth Management LLC Makes New Investment in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Golden State Wealth Management LLC purchased a new position in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 21,282 shares of the company’s stock, valued at approximately $2,543,000. Golden State Wealth Management LLC owned about 0.29% of First Trust US Equity Opportunities ETF at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new position in First Trust US Equity Opportunities ETF during the third quarter valued at $39,000. JPMorgan Chase & Co. raised its stake 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 worth $49,000 after buying an additional 114 shares during the period. Pathway Financial Advisers LLC purchased a new position in shares of First Trust US Equity Opportunities ETF during the 3rd quarter valued at about $52,000. Decker Retirement Planning Inc. bought a new position in shares of First Trust US Equity Opportunities ETF during the 4th quarter valued at approximately $70,000. Finally, Arrowroot Family Office LLC bought a new position in shares of First Trust US Equity Opportunities ETF during the 3rd quarter valued at approximately $204,000.

First Trust US Equity Opportunities ETF Trading Up 0.5 %

NYSEARCA FPX opened at $135.82 on Friday. First Trust US Equity Opportunities ETF has a 12 month low of $88.74 and a 12 month high of $135.82. The stock has a market cap of $991.49 million, a price-to-earnings ratio of 20.57 and a beta of 1.56. The company’s 50 day moving average is $126.20 and its two-hundred day moving average is $114.90.

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.