Systelligence LLC Invests $18.07 Million in First Trust US Equity Opportunities ETF $FPX

Systelligence LLC acquired a new position in First Trust US Equity Opportunities ETF (NYSEARCA:FPX – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 110,426 shares of the company’s stock, valued at approximately $18,065,000. First Trust US Equity Opportunities ETF makes up approximately 3.4% of Systelligence LLC’s investment portfolio, making the stock its 8th largest holding. Systelligence LLC owned about 1.50% of First Trust US Equity Opportunities ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. increased its stake in shares of First Trust US Equity Opportunities ETF by 7.7% in the third quarter. Raymond James Financial Inc. now owns 156,672 shares of the company’s stock worth $26,033,000 after purchasing an additional 11,169 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of First Trust US Equity Opportunities ETF by 2.2% in the third quarter. Commonwealth Equity Services LLC now owns 88,439 shares of the company’s stock worth $14,695,000 after purchasing an additional 1,918 shares in the last quarter. UBS Group AG increased its stake in shares of First Trust US Equity Opportunities ETF by 13.7% in the third quarter. UBS Group AG now owns 52,381 shares of the company’s stock worth $8,704,000 after purchasing an additional 6,324 shares in the last quarter. Royal Bank of Canada increased its stake in shares of First Trust US Equity Opportunities ETF by 0.6% in the first quarter. Royal Bank of Canada now owns 51,337 shares of the company’s stock worth $5,736,000 after purchasing an additional 313 shares in the last quarter. Finally, BNP Paribas Financial Markets purchased a new position in First Trust US Equity Opportunities ETF during the third quarter valued at $8,308,000.

First Trust US Equity Opportunities ETF Stock Performance

FPX opened at $169.84 on Friday. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 32.81 and a beta of 1.26. The company has a fifty day moving average of $163.41 and a 200 day moving average of $164.38. First Trust US Equity Opportunities ETF has a fifty-two week low of $103.58 and a fifty-two week high of $174.68.

First Trust US Equity Opportunities ETF Profile

(Free Report)

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. The Index utilizes a 10% capping on all constituents and includes the 100 largest, typically best-performing and most liquid initial public offerings (IPOs) of the United States companies in the IPOX Global Composite Index.

Further Reading

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