World Investment Advisors LLC Invests $258,000 in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

World Investment Advisors LLC acquired a new stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,340 shares of the company’s stock, valued at approximately $258,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stifel Financial Corp raised its position in shares of First Trust US Equity Opportunities ETF by 34.7% in the third quarter. Stifel Financial Corp now owns 13,607 shares of the company’s stock valued at $1,499,000 after buying an additional 3,508 shares during the last quarter. Arrowroot Family Office LLC purchased a new stake in First Trust US Equity Opportunities ETF during the 3rd quarter valued at about $204,000. Benjamin Edwards Inc. acquired a new stake in First Trust US Equity Opportunities ETF in the 3rd quarter valued at about $592,000. Captrust Financial Advisors lifted its stake in First Trust US Equity Opportunities ETF by 40.3% in the 3rd quarter. Captrust Financial Advisors now owns 2,915 shares of the company’s stock worth $321,000 after purchasing an additional 837 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its holdings in shares of First Trust US Equity Opportunities ETF by 5.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 2,413 shares of the company’s stock worth $266,000 after purchasing an additional 131 shares during the last quarter.

First Trust US Equity Opportunities ETF Price Performance

FPX stock opened at $118.87 on Thursday. First Trust US Equity Opportunities ETF has a 1 year low of $88.74 and a 1 year high of $132.00. The firm has a market capitalization of $867.75 million, a PE ratio of 20.57 and a beta of 1.56. The business has a 50 day simple moving average of $120.75 and a 200-day simple moving average of $108.39.

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.