Cerity Partners OCIO LLC Has $58.84 Million Holdings in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX)

Cerity Partners OCIO LLC cut its holdings in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) by 1.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,400,565 shares of the company’s stock after selling 24,250 shares during the quarter. FT Energy Income Partners Strategy ETF comprises 3.9% of Cerity Partners OCIO LLC’s portfolio, making the stock its 8th largest position. Cerity Partners OCIO LLC owned approximately 19.05% of FT Energy Income Partners Strategy ETF worth $58,838,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Stifel Financial Corp raised its position in shares of FT Energy Income Partners Strategy ETF by 3.5% in the 3rd 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. Legacy Investment Solutions LLC bought a new stake in FT Energy Income Partners Strategy ETF in the third quarter valued at approximately $116,000. Summit Trail Advisors LLC raised its holdings in 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 worth $2,430,000 after purchasing an additional 22,286 shares during the period. IFP Advisors Inc bought a new position in shares of FT Energy Income Partners Strategy ETF during the fourth quarter worth $526,000. Finally, SRS Capital Advisors Inc. bought a new position in shares of FT Energy Income Partners Strategy ETF during the fourth quarter worth $1,182,000.

FT Energy Income Partners Strategy ETF Stock Down 7.5 %

EIPX opened at $23.26 on Friday. The stock has a market cap of $350.06 million, a P/E ratio of 13.25 and a beta of 0.49. FT Energy Income Partners Strategy ETF has a 12 month low of $22.59 and a 12 month high of $26.71. The company has a fifty day simple moving average of $25.65 and a 200 day simple moving average of $25.27.

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.