First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Sees Large Volume Increase – Here’s What Happened

First Trust US Equity Opportunities ETF (NYSEARCA:FPX) saw unusually-high trading volume on Tuesday . Approximately 31,547 shares traded hands during trading, an increase of 52% from the previous session’s volume of 20,807 shares.The stock last traded at $110.47 and had previously closed at $111.74.

First Trust US Equity Opportunities ETF Stock Up 1.3 %

The stock has a market capitalization of $741.20 million, a price-to-earnings ratio of 33.89 and a beta of 1.25. The stock has a fifty day moving average of $125.03 and a 200-day moving average of $121.11.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of FPX. Householder Group Estate & Retirement Specialist LLC boosted its position in shares of First Trust US Equity Opportunities ETF by 1.5% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 6,603 shares of the company’s stock valued at $789,000 after purchasing an additional 96 shares during the period. Patten Group Inc. lifted its stake in First Trust US Equity Opportunities ETF by 3.2% in the fourth quarter. Patten Group Inc. now owns 3,063 shares of the company’s stock valued at $366,000 after buying an additional 96 shares during the last quarter. World Investment Advisors boosted its holdings in shares of First Trust US Equity Opportunities ETF by 4.3% in the fourth quarter. World Investment Advisors now owns 2,440 shares of the company’s stock valued at $292,000 after acquiring an additional 100 shares during the period. JPMorgan Chase & Co. grew its position in shares of First Trust US Equity Opportunities ETF by 34.5% during the third quarter. JPMorgan Chase & Co. now owns 444 shares of the company’s stock worth $49,000 after acquiring an additional 114 shares during the last quarter. Finally, IHT Wealth Management LLC increased its holdings in shares of First Trust US Equity Opportunities ETF by 2.3% in the 4th quarter. IHT Wealth Management LLC now owns 6,934 shares of the company’s stock valued at $829,000 after acquiring an additional 156 shares during the period.

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.