First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Shares Sold by NTV Asset Management LLC

NTV Asset Management LLC lessened its stake in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 8.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,930 shares of the company’s stock after selling 649 shares during the period. NTV Asset Management LLC’s holdings in First Trust US Equity Opportunities ETF were worth $664,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. NBC Securities Inc. acquired a new position in shares of First Trust US Equity Opportunities ETF during the 3rd quarter worth about $121,000. Advisory Resource Group purchased a new stake in First Trust US Equity Opportunities ETF during the 4th quarter valued at about $202,000. Meitav Investment House Ltd. purchased a new stake in First Trust US Equity Opportunities ETF during the 4th quarter valued at about $230,000. Investors Research Corp grew its stake in First Trust US Equity Opportunities ETF by 7.5% during the 4th quarter. Investors Research Corp now owns 5,559 shares of the company’s stock valued at $533,000 after acquiring an additional 387 shares in the last quarter. Finally, Cascade Investment Advisors Inc. grew its stake in First Trust US Equity Opportunities ETF by 3.7% during the 4th quarter. Cascade Investment Advisors Inc. now owns 5,891 shares of the company’s stock valued at $565,000 after acquiring an additional 210 shares in the last quarter.

First Trust US Equity Opportunities ETF Price Performance

NYSEARCA FPX traded up $1.37 during trading hours on Friday, hitting $101.62. 7,792 shares of the company’s stock traded hands, compared to its average volume of 22,421. First Trust US Equity Opportunities ETF has a 52-week low of $75.74 and a 52-week high of $107.42. The company has a market capitalization of $746.90 million, a PE ratio of 18.96 and a beta of 1.50. The firm’s 50-day moving average is $102.22 and its 200-day moving average is $94.80.

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.