PCG Wealth Advisors LLC Lowers Position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

PCG Wealth Advisors LLC lowered its holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 5.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 9,332 shares of the company’s stock after selling 544 shares during the quarter. PCG Wealth Advisors LLC’s holdings in First Trust US Equity Opportunities ETF were worth $895,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. UBS Group AG raised its holdings in shares of First Trust US Equity Opportunities ETF by 5.2% in the 3rd quarter. UBS Group AG now owns 51,628 shares of the company’s stock valued at $4,336,000 after acquiring an additional 2,569 shares in the last quarter. NBC Securities Inc. purchased a new stake in shares of First Trust US Equity Opportunities ETF in the 3rd quarter valued at about $121,000. Advisory Resource Group purchased a new stake in shares of First Trust US Equity Opportunities ETF in the 4th quarter valued at about $202,000. Stifel Financial Corp raised its holdings in shares of First Trust US Equity Opportunities ETF by 2.1% during the 3rd quarter. Stifel Financial Corp now owns 29,896 shares of the company’s stock valued at $2,511,000 after buying an additional 612 shares in the last quarter. Finally, SRS Capital Advisors Inc. raised its holdings in shares of First Trust US Equity Opportunities ETF by 3.9% during the 3rd quarter. SRS Capital Advisors Inc. now owns 92,469 shares of the company’s stock valued at $7,765,000 after buying an additional 3,452 shares in the last quarter.

First Trust US Equity Opportunities ETF Stock Down 2.3 %

Shares of NYSEARCA FPX traded down $2.35 during trading hours on Friday, reaching $100.66. 16,422 shares of the stock traded hands, compared to its average volume of 23,821. The company has a market capitalization of $900.87 million, a P/E ratio of 17.39 and a beta of 1.09. First Trust US Equity Opportunities ETF has a 52-week low of $75.74 and a 52-week high of $107.42. The company’s 50-day simple moving average is $102.26 and its two-hundred day simple moving average is $93.15.

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.