RDA Financial Network Lowers Position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

RDA Financial Network decreased its holdings in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 4.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,330 shares of the company’s stock after selling 231 shares during the quarter. RDA Financial Network owned 0.07% of First Trust US Equity Opportunities ETF worth $587,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Cetera Investment Advisers increased its holdings in shares of First Trust US Equity Opportunities ETF by 23.2% in the 1st quarter. Cetera Investment Advisers now owns 130,004 shares of the company’s stock worth $13,754,000 after buying an additional 24,514 shares during the last quarter. SageView Advisory Group LLC bought a new position in First Trust US Equity Opportunities ETF in the first quarter valued at $7,567,000. Cetera Advisors LLC raised its position in 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 valued at $6,232,000 after purchasing an additional 28,679 shares in the last quarter. Lloyd Advisory Services LLC. bought a new stake in First Trust US Equity Opportunities ETF during the third quarter worth about $1,789,000. Finally, Signature Estate & Investment Advisors LLC purchased a new position in shares of First Trust US Equity Opportunities ETF in the 2nd quarter worth about $1,323,000.

First Trust US Equity Opportunities ETF Stock Down 0.4 %

Shares of NYSEARCA FPX traded down $0.49 during trading hours on Tuesday, reaching $113.56. 6,513 shares of the stock traded hands, compared to its average volume of 19,238. The company’s 50-day simple moving average is $104.55 and its two-hundred day simple moving average is $101.98. The company has a market capitalization of $828.99 million, a P/E ratio of 20.57 and a beta of 1.56. First Trust US Equity Opportunities ETF has a 52-week low of $75.74 and a 52-week high of $114.16.

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.