First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Hits New 12-Month High – Here’s Why

First Trust US Equity Opportunities ETF (NYSEARCA:FPX)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $130.77 and last traded at $130.68, with a volume of 1541 shares traded. The stock had previously closed at $129.07.

First Trust US Equity Opportunities ETF Stock Up 0.1 %

The stock’s 50 day simple moving average is $118.12 and its two-hundred day simple moving average is $106.97. The company has a market cap of $954.11 million, a PE ratio of 20.57 and a beta of 1.56.

Hedge Funds Weigh In On First Trust US Equity Opportunities ETF

A number of large investors have recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new stake in First Trust US Equity Opportunities ETF during the 3rd quarter worth approximately $39,000. Pathway Financial Advisers LLC acquired a new stake in shares of First Trust US Equity Opportunities ETF in the third quarter worth $52,000. International Assets Investment Management LLC purchased a new position in shares of First Trust US Equity Opportunities ETF in the 2nd quarter valued at $62,000. Arrowroot Family Office LLC acquired a new position in shares of First Trust US Equity Opportunities ETF during the 3rd quarter valued at $204,000. Finally, Dynamic Advisor Solutions LLC purchased a new stake in First Trust US Equity Opportunities ETF during the 3rd quarter worth $216,000.

First Trust US Equity Opportunities ETF Company 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.