FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) Stake Boosted by Prosperity Wealth Management Inc.

Prosperity Wealth Management Inc. increased its position in shares of FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) by 10.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,613 shares of the company’s stock after acquiring an additional 1,316 shares during the period. Prosperity Wealth Management Inc.’s holdings in FT Energy Income Partners Strategy ETF were worth $334,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of EIPX. Summit Trail Advisors LLC acquired a new position in FT Energy Income Partners Strategy ETF in the 3rd quarter worth about $1,858,000. Stifel Financial Corp increased its holdings in 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 worth $4,455,000 after buying an additional 6,312 shares during the last quarter. Legacy Investment Solutions LLC bought a new position in FT Energy Income Partners Strategy ETF during the third quarter valued at approximately $116,000. Fiduciary Trust Co lifted its stake in 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 last quarter. Finally, SRS Capital Advisors Inc. bought a new stake in FT Energy Income Partners Strategy ETF in the fourth quarter worth approximately $1,182,000.

FT Energy Income Partners Strategy ETF Stock Up 0.7 %

Shares of EIPX opened at $25.08 on Thursday. The firm has a market cap of $369.93 million, a price-to-earnings ratio of 14.02 and a beta of 0.57. The company’s fifty day moving average is $25.61 and its 200-day moving average is $25.06. FT Energy Income Partners Strategy ETF has a 12 month low of $22.34 and a 12 month high of $26.71.

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.