First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Reaches New 52-Week High – Here’s Why

First Trust US Equity Opportunities ETF (NYSEARCA:FPX)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $135.19 and last traded at $135.19, with a volume of 106173 shares traded. The stock had previously closed at $134.01.

First Trust US Equity Opportunities ETF Trading Down 0.1 %

The company has a market cap of $990.10 million, a PE ratio of 20.57 and a beta of 1.56. The company’s 50 day moving average is $126.20 and its 200 day moving average is $114.90.

Institutional Trading of First Trust US Equity Opportunities ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new position in shares of First Trust US Equity Opportunities ETF in the 4th quarter valued at approximately $14,196,000. Truist Financial Corp raised its holdings in shares of First Trust US Equity Opportunities ETF by 61.3% in the fourth quarter. Truist Financial Corp now owns 61,185 shares of the company’s stock worth $7,312,000 after buying an additional 23,260 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of First Trust US Equity Opportunities ETF by 0.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 47,422 shares of the company’s stock worth $5,667,000 after buying an additional 428 shares during the last quarter. D.A. Davidson & CO. lifted its stake in shares of First Trust US Equity Opportunities ETF by 2.7% during the fourth quarter. D.A. Davidson & CO. now owns 27,790 shares of the company’s stock worth $3,321,000 after buying an additional 721 shares during the period. Finally, Proactive Wealth Strategies LLC grew its holdings in shares of First Trust US Equity Opportunities ETF by 15.3% during the fourth quarter. Proactive Wealth Strategies LLC now owns 22,098 shares of the company’s stock valued at $2,641,000 after buying an additional 2,932 shares during the last quarter.

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.