Spectrum Wealth Advisory Group LLC Sells 255 Shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Spectrum Wealth Advisory Group LLC decreased its position in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 2.1% in the 4th quarter, Holdings Channel reports. The firm owned 12,012 shares of the company’s stock after selling 255 shares during the quarter. First Trust US Equity Opportunities ETF accounts for about 0.7% of Spectrum Wealth Advisory Group LLC’s portfolio, making the stock its 22nd largest holding. Spectrum Wealth Advisory Group LLC’s holdings in First Trust US Equity Opportunities ETF were worth $1,436,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in FPX. Sanctuary Advisors LLC bought a new position in First Trust US Equity Opportunities ETF during the 2nd quarter worth approximately $218,000. Impact Partnership Wealth LLC grew its position in shares of First Trust US Equity Opportunities ETF by 30.4% during the 3rd quarter. Impact Partnership Wealth LLC now owns 6,176 shares of the company’s stock worth $681,000 after buying an additional 1,440 shares during the period. Pathway Financial Advisers LLC acquired a new stake in shares of First Trust US Equity Opportunities ETF during the 3rd quarter worth approximately $52,000. Hibernia Wealth Partners LLC acquired a new stake in shares of First Trust US Equity Opportunities ETF during the 3rd quarter worth approximately $501,000. Finally, Fidelis Capital Partners LLC acquired a new stake in shares of First Trust US Equity Opportunities ETF during the 3rd quarter worth approximately $509,000.

First Trust US Equity Opportunities ETF Stock Up 1.6 %

Shares of FPX stock opened at $142.25 on Friday. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 20.57 and a beta of 1.56. First Trust US Equity Opportunities ETF has a 52 week low of $88.74 and a 52 week high of $142.33. The firm has a 50 day moving average of $127.15 and a 200-day moving average of $116.61.

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.