First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Reaches New 1-Year High – What’s Next?

First Trust US Equity Opportunities ETF (NYSEARCA:FPX)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $140.38 and last traded at $140.13, with a volume of 11229 shares trading hands. The stock had previously closed at $135.53.

First Trust US Equity Opportunities ETF Price Performance

The stock has a 50-day moving average price of $126.76 and a 200-day moving average price of $116.02. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 20.57 and a beta of 1.56.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FPX. Householder Group Estate & Retirement Specialist LLC raised its holdings in First Trust US Equity Opportunities ETF by 1.5% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 6,603 shares of the company’s stock valued at $789,000 after acquiring an additional 96 shares in the last quarter. Patten Group Inc. lifted its stake in First Trust US Equity Opportunities ETF by 3.2% in the 4th quarter. Patten Group Inc. now owns 3,063 shares of the company’s stock valued at $366,000 after purchasing an additional 96 shares during the last quarter. World Investment Advisors boosted its holdings in shares of First Trust US Equity Opportunities ETF by 4.3% during the 4th quarter. World Investment Advisors now owns 2,440 shares of the company’s stock valued at $292,000 after acquiring an additional 100 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of First Trust US Equity Opportunities ETF by 34.5% during the third quarter. JPMorgan Chase & Co. now owns 444 shares of the company’s stock worth $49,000 after purchasing an additional 114 shares during the last quarter. Finally, Oppenheimer & Co. Inc. grew its holdings in 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 acquiring an additional 131 shares during the last quarter.

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.