Twin Peaks Wealth Advisors LLC Cuts Holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Twin Peaks Wealth Advisors LLC decreased its position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 2.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 42,029 shares of the company’s stock after selling 1,264 shares during the period. First Trust US Equity Opportunities ETF accounts for 2.1% of Twin Peaks Wealth Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Twin Peaks Wealth Advisors LLC’s holdings in First Trust US Equity Opportunities ETF were worth $4,631,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Lineweaver Wealth Advisors LLC purchased a new position in First Trust US Equity Opportunities ETF in the first quarter valued at approximately $290,000. SageView Advisory Group LLC bought a new position in shares of First Trust US Equity Opportunities ETF in the 1st quarter worth $7,567,000. B. Riley Wealth Advisors Inc. lifted its stake in First Trust US Equity Opportunities ETF by 25.7% during the first quarter. B. Riley Wealth Advisors Inc. now owns 4,897 shares of the company’s stock worth $518,000 after purchasing an additional 1,000 shares during the last quarter. Cetera Investment Advisers increased its position in shares of First Trust US Equity Opportunities ETF by 23.2% during the 1st quarter. Cetera Investment Advisers now owns 130,004 shares of the company’s stock valued at $13,754,000 after purchasing an additional 24,514 shares during the last quarter. Finally, Cetera Advisors LLC raised its stake in shares of First Trust US Equity Opportunities ETF by 94.9% during the first quarter. Cetera Advisors LLC now owns 58,906 shares of the company’s stock worth $6,232,000 after acquiring an additional 28,679 shares in the last quarter.

First Trust US Equity Opportunities ETF Stock Performance

Shares of FPX stock traded down $0.47 on Wednesday, hitting $113.77. 850 shares of the company’s stock traded hands, compared to its average volume of 18,641. The company’s fifty day simple moving average is $107.71 and its 200 day simple moving average is $102.69. First Trust US Equity Opportunities ETF has a one year low of $75.94 and a one year high of $115.20. The stock has a market capitalization of $830.52 million, a price-to-earnings ratio of 20.57 and a beta of 1.56.

First Trust US Equity Opportunities ETF Company 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.