Summit Trail Advisors LLC increased its position in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX – Free Report) by 29.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 99,142 shares of the company’s stock after buying an additional 22,286 shares during the quarter. Summit Trail Advisors LLC’s holdings in FT Energy Income Partners Strategy ETF were worth $2,430,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the company. Stifel Financial Corp lifted its holdings in shares of FT Energy Income Partners Strategy ETF by 3.5% during the third quarter. Stifel Financial Corp now owns 184,242 shares of the company’s stock valued at $4,455,000 after purchasing an additional 6,312 shares during the last quarter. Cedrus LLC lifted its holdings in shares of FT Energy Income Partners Strategy ETF by 24.5% during the third quarter. Cedrus LLC now owns 38,282 shares of the company’s stock valued at $926,000 after purchasing an additional 7,543 shares during the last quarter. Legacy Investment Solutions LLC purchased a new stake in shares of FT Energy Income Partners Strategy ETF during the third quarter valued at $116,000. Fiduciary Trust Co lifted its holdings in shares of FT Energy Income Partners Strategy ETF by 0.4% during the third quarter. Fiduciary Trust Co now owns 5,355,165 shares of the company’s stock valued at $129,488,000 after purchasing an additional 21,169 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in FT Energy Income Partners Strategy ETF by 4.5% during the third quarter. Private Advisor Group LLC now owns 341,596 shares of the company’s stock valued at $8,260,000 after buying an additional 14,681 shares during the period.
FT Energy Income Partners Strategy ETF Trading Up 1.1 %
NYSEARCA:EIPX opened at $25.97 on Tuesday. The firm has a market capitalization of $327.22 million, a price-to-earnings ratio of 11.81 and a beta of 0.50. FT Energy Income Partners Strategy ETF has a 1-year low of $20.75 and a 1-year high of $26.71. The business’s fifty day moving average price is $25.31 and its 200 day moving average price is $24.82.
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.
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