SRS Capital Advisors Inc. Sells 1,471 Shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

SRS Capital Advisors Inc. decreased its position in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 18.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,517 shares of the company’s stock after selling 1,471 shares during the quarter. SRS Capital Advisors Inc. owned about 0.09% of First Trust US Equity Opportunities ETF worth $779,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp acquired a new stake in First Trust US Equity Opportunities ETF during the 4th quarter worth about $246,000. Proactive Wealth Strategies LLC grew its stake in First Trust US Equity Opportunities ETF by 15.3% during the fourth quarter. Proactive Wealth Strategies LLC now owns 22,098 shares of the company’s stock worth $2,641,000 after purchasing an additional 2,932 shares during the period. D.A. Davidson & CO. increased its holdings in First Trust US Equity Opportunities ETF by 2.7% in the fourth quarter. D.A. Davidson & CO. now owns 27,790 shares of the company’s stock worth $3,321,000 after purchasing an additional 721 shares in the last quarter. Truist Financial Corp lifted its stake in First Trust US Equity Opportunities ETF by 61.3% in the fourth quarter. Truist Financial Corp now owns 61,185 shares of the company’s stock valued at $7,312,000 after buying an additional 23,260 shares during the period. Finally, Valmark Advisers Inc. bought a new position in shares of First Trust US Equity Opportunities ETF during the 4th quarter worth approximately $211,000.

First Trust US Equity Opportunities ETF Stock Up 1.0 %

Shares of FPX stock opened at $122.68 on Monday. First Trust US Equity Opportunities ETF has a 52 week low of $88.74 and a 52 week high of $143.53. The firm has a 50 day moving average of $128.60 and a 200-day moving average of $119.24. The company has a market cap of $895.56 million, a price-to-earnings ratio of 20.57 and a beta of 1.56.

First Trust US Equity Opportunities ETF Profile

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.