Private Advisor Group LLC Sells 8,989 Shares of FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX)

Private Advisor Group LLC lessened its holdings in shares of FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) by 2.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 332,607 shares of the company’s stock after selling 8,989 shares during the quarter. Private Advisor Group LLC’s holdings in FT Energy Income Partners Strategy ETF were worth $8,152,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC bought a new position in shares of FT Energy Income Partners Strategy ETF in the third quarter valued at approximately $116,000. Stifel Financial Corp boosted its position in shares of FT Energy Income Partners Strategy ETF by 3.5% in the third quarter. Stifel Financial Corp now owns 184,242 shares of the company’s stock valued at $4,455,000 after acquiring an additional 6,312 shares during the period. Fiduciary Trust Co boosted its position in shares of FT Energy Income Partners Strategy ETF by 0.4% in the third quarter. Fiduciary Trust Co now owns 5,355,165 shares of the company’s stock valued at $129,488,000 after acquiring an additional 21,169 shares during the period. Finally, Summit Trail Advisors LLC boosted its position in shares of FT Energy Income Partners Strategy ETF by 29.0% in the fourth quarter. Summit Trail Advisors LLC now owns 99,142 shares of the company’s stock valued at $2,430,000 after acquiring an additional 22,286 shares during the period.

FT Energy Income Partners Strategy ETF Trading Down 1.5 %

EIPX stock opened at $25.83 on Friday. The firm has a 50 day moving average of $25.39 and a 200-day moving average of $24.94. FT Energy Income Partners Strategy ETF has a 12 month low of $21.47 and a 12 month high of $26.71. The firm has a market capitalization of $325.46 million, a P/E ratio of 11.81 and a beta of 0.50.

FT Energy Income Partners Strategy ETF 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.