Kapstone Financial Advisors LLC Acquires Shares of 1,616 First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Kapstone Financial Advisors LLC acquired a new stake in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) in the fourth quarter, Holdings Channel reports. The fund acquired 1,616 shares of the company’s stock, valued at approximately $209,000.

Other hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of First Trust US Equity Opportunities ETF in the third quarter worth approximately $39,000. JPMorgan Chase & Co. raised its position in First Trust US Equity Opportunities ETF by 34.5% during the third quarter. JPMorgan Chase & Co. now owns 444 shares of the company’s stock valued at $49,000 after acquiring an additional 114 shares in the last quarter. Decker Retirement Planning Inc. bought a new position in First Trust US Equity Opportunities ETF during the fourth quarter valued at approximately $70,000. Blue Trust Inc. bought a new position in First Trust US Equity Opportunities ETF during the fourth quarter valued at approximately $105,000. Finally, Appleton Partners Inc. MA bought a new position in First Trust US Equity Opportunities ETF during the fourth quarter valued at approximately $205,000.

First Trust US Equity Opportunities ETF Stock Performance

Shares of FPX opened at $119.30 on Tuesday. The firm has a market cap of $793.35 million, a PE ratio of 30.60 and a beta of 1.25. The firm’s 50 day moving average price is $128.60 and its 200 day moving average price is $119.24. First Trust US Equity Opportunities ETF has a twelve month low of $88.74 and a twelve month high of $143.53.

First Trust US Equity Opportunities ETF 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.