FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) Shares Bought by Summit Trail Advisors LLC

Summit Trail Advisors LLC raised its holdings in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) by 29.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 99,142 shares of the company’s stock after acquiring an additional 22,286 shares during the quarter. Summit Trail Advisors LLC owned 0.79% of FT Energy Income Partners Strategy ETF worth $2,430,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of EIPX. Legacy Investment Solutions LLC purchased a new position in shares of FT Energy Income Partners Strategy ETF in the third quarter valued at $116,000. Cedrus LLC increased its position in FT Energy Income Partners Strategy ETF by 24.5% during the 3rd quarter. Cedrus LLC now owns 38,282 shares of the company’s stock worth $926,000 after purchasing an additional 7,543 shares in the last quarter. Stifel Financial Corp increased its position in FT Energy Income Partners Strategy ETF by 3.5% during the 3rd quarter. Stifel Financial Corp now owns 184,242 shares of the company’s stock worth $4,455,000 after purchasing an additional 6,312 shares in the last quarter. Private Advisor Group LLC increased its position in FT Energy Income Partners Strategy ETF by 4.5% during the 3rd quarter. Private Advisor Group LLC now owns 341,596 shares of the company’s stock worth $8,260,000 after purchasing an additional 14,681 shares in the last quarter. Finally, Fiduciary Trust Co increased its position in FT Energy Income Partners Strategy ETF by 0.4% during the 3rd quarter. Fiduciary Trust Co now owns 5,355,165 shares of the company’s stock worth $129,488,000 after purchasing an additional 21,169 shares in the last quarter.

FT Energy Income Partners Strategy ETF Trading Up 1.1 %

FT Energy Income Partners Strategy ETF stock opened at $25.97 on Tuesday. The stock has a market cap of $327.22 million, a PE ratio of 11.81 and a beta of 0.50. The stock has a 50-day moving average price of $25.31 and a 200 day moving average price of $24.82. FT Energy Income Partners Strategy ETF has a 52 week low of $20.75 and a 52 week high of $26.71.

FT Energy Income Partners Strategy ETF Company Profile

The FT Energy Income Partners Strategy ETF (EIPX) is an exchange-traded fund that mostly invests in energy equity. The fund seeks risk-adjusted total return through an actively managed portfolio of global stocks in the energy sector, as broadly defined by the funds sub-adviser. EIPX was launched on Nov 2, 2022 and is managed by First Trust.