First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Sees Unusually-High Trading Volume – Here’s Why

by · The Cerbat Gem

First Trust US Equity Opportunities ETF (NYSEARCA:FPX – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 30,169 shares traded hands during trading, an increase of 108% from the previous session’s volume of 14,489 shares.The stock last traded at $130.19 and had previously closed at $127.56.

First Trust US Equity Opportunities ETF Trading Up 1.7 %

The firm has a market capitalization of $946.88 million, a P/E ratio of 20.57 and a beta of 1.56. The business’s 50 day simple moving average is $124.57 and its two-hundred day simple moving average is $112.33.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of FPX. Janney Montgomery Scott LLC grew 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 acquiring an additional 428 shares during the period. Proactive Wealth Strategies LLC bought a new stake in First Trust US Equity Opportunities ETF during the 3rd quarter worth approximately $2,112,000. Lloyd Advisory Services LLC. purchased a new position in First Trust US Equity Opportunities ETF during the third quarter valued at approximately $1,789,000. Stifel Financial Corp increased its stake in shares of First Trust US Equity Opportunities ETF by 34.7% in the third quarter. Stifel Financial Corp now owns 13,607 shares of the company’s stock worth $1,499,000 after purchasing an additional 3,508 shares in the last quarter. Finally, Atria Investments Inc lifted its stake in shares of First Trust US Equity Opportunities ETF by 3.0% during the 3rd quarter. Atria Investments Inc now owns 12,193 shares of the company’s stock valued at $1,344,000 after buying an additional 357 shares in the last quarter.

First Trust US Equity Opportunities ETF Company Profile

(Get Free Report)

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.

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