RDA Financial Network Cuts Stock Holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

RDA Financial Network trimmed its position in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 4.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,330 shares of the company’s stock after selling 231 shares during the quarter. RDA Financial Network’s holdings in First Trust US Equity Opportunities ETF were worth $587,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Lloyd Advisory Services LLC. purchased a new position in shares of First Trust US Equity Opportunities ETF during the 3rd quarter valued at approximately $1,789,000. Clarus Wealth Advisors increased its holdings in shares of First Trust US Equity Opportunities ETF by 5.1% during the 3rd quarter. Clarus Wealth Advisors now owns 7,702 shares of the company’s stock valued at $849,000 after purchasing an additional 373 shares in the last quarter. Dynamic Advisor Solutions LLC purchased a new position in shares of First Trust US Equity Opportunities ETF during the 3rd quarter valued at approximately $216,000. Eclectic Associates Inc. ADV purchased a new position in shares of First Trust US Equity Opportunities ETF during the 3rd quarter valued at approximately $399,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of First Trust US Equity Opportunities ETF during the 2nd quarter valued at approximately $218,000.

First Trust US Equity Opportunities ETF Stock Down 0.4 %

Shares of NYSEARCA:FPX traded down $0.49 during trading on Tuesday, hitting $113.56. 6,513 shares of the stock traded hands, compared to its average volume of 19,238. The company has a fifty day moving average price of $104.55 and a two-hundred day moving average price of $101.98. First Trust US Equity Opportunities ETF has a 52-week low of $75.74 and a 52-week high of $114.16. The company has a market cap of $828.99 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.