Cedrus LLC Acquires 7,543 Shares of FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX)

Cedrus LLC increased its holdings in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) by 24.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,282 shares of the company’s stock after purchasing an additional 7,543 shares during the quarter. Cedrus LLC owned approximately 0.30% of FT Energy Income Partners Strategy ETF worth $926,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. AlTi Global Inc. grew its stake in shares of FT Energy Income Partners Strategy ETF by 26.4% in the second quarter. AlTi Global Inc. now owns 3,403,611 shares of the company’s stock worth $79,475,000 after purchasing an additional 711,067 shares during the last quarter. Cerity Partners OCIO LLC acquired a new position in FT Energy Income Partners Strategy ETF in the second quarter valued at $56,619,000. Private Advisor Group LLC lifted its holdings in FT Energy Income Partners Strategy ETF by 1.5% in the second quarter. Private Advisor Group LLC now owns 326,915 shares of the company’s stock valued at $7,633,000 after buying an additional 4,783 shares during the period. Finally, CVA Family Office LLC acquired a new position in FT Energy Income Partners Strategy ETF in the third quarter valued at $612,000.

FT Energy Income Partners Strategy ETF Stock Down 0.1 %

EIPX stock opened at $24.73 on Friday. The firm has a market cap of $311.58 million, a price-to-earnings ratio of 11.81 and a beta of 0.50. FT Energy Income Partners Strategy ETF has a 12-month low of $20.53 and a 12-month high of $25.08. The company’s fifty day simple moving average is $24.31 and its 200 day simple moving average is $23.77.

FT Energy Income Partners Strategy ETF Company Profile

The FT Energy Income Partners Strategy ETF (EIPX) is an exchange-traded fund that mostly invests in energy equity. The fund seeks risk-adjusted total return through an actively managed portfolio of global stocks in the energy sector, as broadly defined by the funds sub-adviser. EIPX was launched on Nov 2, 2022 and is managed by First Trust.