First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Shares Sold by Wiser Advisor Group LLC

Wiser Advisor Group LLC cut its holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 38.9% during the third quarter, HoldingsChannel reports. The fund owned 1,414 shares of the company’s stock after selling 901 shares during the period. Wiser Advisor Group LLC’s holdings in First Trust US Equity Opportunities ETF were worth $156,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in FPX. Pathway Financial Advisers LLC purchased a new position in First Trust US Equity Opportunities ETF during the third quarter worth about $52,000. International Assets Investment Management LLC acquired a new position in shares of First Trust US Equity Opportunities ETF in the 2nd quarter worth approximately $62,000. Dynamic Advisor Solutions LLC purchased a new position in shares of First Trust US Equity Opportunities ETF during the 3rd quarter worth approximately $216,000. Sanctuary Advisors LLC acquired a new stake in First Trust US Equity Opportunities ETF in the 2nd quarter valued at approximately $218,000. Finally, Oppenheimer & Co. Inc. raised its position in First Trust US Equity Opportunities ETF by 5.7% in the third quarter. Oppenheimer & Co. Inc. now owns 2,413 shares of the company’s stock valued at $266,000 after purchasing an additional 131 shares during the period.

First Trust US Equity Opportunities ETF Stock Performance

Shares of FPX traded up $1.83 during midday trading on Monday, hitting $130.30. 1,552 shares of the stock were exchanged, compared to its average volume of 18,818. First Trust US Equity Opportunities ETF has a 52-week low of $86.65 and a 52-week high of $130.47. The stock has a fifty day simple moving average of $114.54 and a 200 day simple moving average of $105.41. The firm has a market cap of $951.19 million, a P/E ratio of 20.57 and a beta of 1.56.

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.