First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Shares Sold by Good Life Advisors LLC

Good Life Advisors LLC trimmed its holdings in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 22.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 39,493 shares of the company’s stock after selling 11,116 shares during the quarter. Good Life Advisors LLC’s holdings in First Trust US Equity Opportunities ETF were worth $4,720,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Proactive Wealth Strategies LLC boosted its stake in shares of First Trust US Equity Opportunities ETF by 15.3% during the 4th quarter. Proactive Wealth Strategies LLC now owns 22,098 shares of the company’s stock worth $2,641,000 after acquiring an additional 2,932 shares in the last quarter. D.A. Davidson & CO. lifted its holdings in shares of First Trust US Equity Opportunities ETF by 2.7% during the fourth quarter. D.A. Davidson & CO. now owns 27,790 shares of the company’s stock valued at $3,321,000 after purchasing an additional 721 shares during the last quarter. Truist Financial Corp boosted its position in shares of First Trust US Equity Opportunities ETF by 61.3% in the 4th quarter. Truist Financial Corp now owns 61,185 shares of the company’s stock valued at $7,312,000 after purchasing an additional 23,260 shares during the period. Valmark Advisers Inc. purchased a new position in First Trust US Equity Opportunities ETF in the 4th quarter worth about $211,000. Finally, Puff Wealth Management LLC acquired a new stake in First Trust US Equity Opportunities ETF during the 4th quarter worth about $219,000.

First Trust US Equity Opportunities ETF Price Performance

Shares of FPX opened at $143.53 on Wednesday. The company has a 50-day moving average of $127.45 and a two-hundred day moving average of $117.04. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 20.57 and a beta of 1.56. First Trust US Equity Opportunities ETF has a one year low of $88.74 and a one year high of $143.53.

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.