First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Reaches New 1-Year High – Here’s What Happened

First Trust US Equity Opportunities ETF (NYSEARCA:FPX)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $130.77 and last traded at $130.68, with a volume of 1541 shares traded. The stock had previously closed at $129.07.

First Trust US Equity Opportunities ETF Stock Up 0.8 %

The company has a market cap of $949.66 million, a P/E ratio of 20.57 and a beta of 1.56. The business has a fifty day moving average price of $117.29 and a 200-day moving average price of $106.64.

Institutional Investors Weigh In On First Trust US Equity Opportunities ETF

Institutional investors have recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB bought a new stake in shares of First Trust US Equity Opportunities ETF in the third quarter valued at approximately $39,000. Pathway Financial Advisers LLC bought a new stake in shares of First Trust US Equity Opportunities ETF in the third quarter valued at approximately $52,000. International Assets Investment Management LLC bought a new stake in shares of First Trust US Equity Opportunities ETF in the second quarter valued at approximately $62,000. Arrowroot Family Office LLC bought a new stake in shares of First Trust US Equity Opportunities ETF in the third quarter valued at approximately $204,000. Finally, Dynamic Advisor Solutions LLC bought a new stake in shares of First Trust US Equity Opportunities ETF in the third quarter valued at approximately $216,000.

About First Trust US Equity Opportunities ETF

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.