NTV Asset Management LLC Cuts Stock Holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

NTV Asset Management LLC decreased its position in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 8.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,930 shares of the company’s stock after selling 649 shares during the quarter. NTV Asset Management LLC owned 0.08% of First Trust US Equity Opportunities ETF worth $664,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. NBC Securities Inc. bought a new position in First Trust US Equity Opportunities ETF during the third quarter valued at approximately $121,000. Advisory Resource Group bought a new position in First Trust US Equity Opportunities ETF during the fourth quarter valued at approximately $202,000. Meitav Investment House Ltd. bought a new position in First Trust US Equity Opportunities ETF during the fourth quarter valued at approximately $230,000. Investors Research Corp lifted its position in First Trust US Equity Opportunities ETF by 7.5% during the fourth quarter. Investors Research Corp now owns 5,559 shares of the company’s stock valued at $533,000 after purchasing an additional 387 shares during the period. Finally, Cascade Investment Advisors Inc. lifted its position in First Trust US Equity Opportunities ETF by 3.7% during the fourth quarter. Cascade Investment Advisors Inc. now owns 5,891 shares of the company’s stock valued at $565,000 after purchasing an additional 210 shares during the period.

First Trust US Equity Opportunities ETF Stock Up 1.4 %

FPX traded up $1.37 during trading on Friday, hitting $101.62. The company’s stock had a trading volume of 7,792 shares, compared to its average volume of 22,421. First Trust US Equity Opportunities ETF has a one year low of $75.74 and a one year high of $107.42. The firm has a market cap of $746.90 million, a PE ratio of 18.96 and a beta of 1.50. The business’s 50 day simple moving average is $102.22 and its 200-day simple moving average is $94.80.

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.