First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Trading Down 1.2% – Here’s What Happened

First Trust US Equity Opportunities ETF (NYSEARCA:FPX)’s stock price was down 1.2% on Monday . The company traded as low as $118.01 and last traded at $119.36. Approximately 12,072 shares traded hands during trading, a decline of 14% from the average daily volume of 13,967 shares. The stock had previously closed at $120.82.

First Trust US Equity Opportunities ETF Trading Down 1.2 %

The stock has a market capitalization of $871.33 million, a P/E ratio of 20.57 and a beta of 1.56. The business has a 50-day moving average price of $123.93 and a two-hundred day moving average price of $111.28.

Institutional Investors Weigh In On First Trust US Equity Opportunities ETF

Several institutional investors and hedge funds have recently bought and sold shares of FPX. Creative Planning increased its holdings in First Trust US Equity Opportunities ETF by 71.7% in the 2nd quarter. Creative Planning now owns 7,074 shares of the company’s stock valued at $703,000 after buying an additional 2,954 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of First Trust US Equity Opportunities ETF during the 2nd quarter worth approximately $218,000. Eclectic Associates Inc. ADV bought a new position in First Trust US Equity Opportunities ETF in the third quarter valued at approximately $399,000. Dynamic Advisor Solutions LLC acquired a new position in First Trust US Equity Opportunities ETF during the third quarter valued at approximately $216,000. Finally, Clarus Wealth Advisors lifted its stake in First Trust US Equity Opportunities ETF by 5.1% during the third quarter. Clarus Wealth Advisors now owns 7,702 shares of the company’s stock worth $849,000 after purchasing an additional 373 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.