Moors & Cabot Inc. Invests $220,000 in First Trust US Equity Opportunities ETF (FPX)

Moors & Cabot Inc. Invests $220,000 in First Trust US Equity Opportunities ETF (FPX)

Moors & Cabot Inc. purchased a new stake in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) during the 1st quarter, HoldingsChannel.com reports. The fund purchased 2,920 shares of the company’s stock, valued at approximately $220,000.

Several other institutional investors have also recently made changes to their positions in FPX. Insight Wealth Strategies LLC purchased a new position in shares of First Trust US Equity Opportunities ETF during the first quarter valued at $5,606,000. Dynamic Advisor Solutions LLC purchased a new position in First Trust US Equity Opportunities ETF in the fourth quarter valued at about $2,650,000. Mercer Global Advisors Inc. ADV purchased a new position in First Trust US Equity Opportunities ETF in the first quarter valued at about $818,000. VisionPoint Advisory Group LLC purchased a new position in First Trust US Equity Opportunities ETF in the fourth quarter valued at about $4,064,000. Finally, Commonwealth Equity Services LLC grew its stake in First Trust US Equity Opportunities ETF by 15.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 174,280 shares of the company’s stock valued at $10,815,000 after purchasing an additional 23,766 shares during the last quarter.

FPX opened at $75.53 on Thursday. First Trust US Equity Opportunities ETF has a 1 year low of $57.82 and a 1 year high of $77.16.

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.

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Want to see what other hedge funds are holding FPX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust US Equity Opportunities ETF (NYSEARCA:FPX).

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