Mercer Global Advisors Inc. ADV bought a new position in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 38,132 shares of the company’s stock, valued at approximately $818,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bell Rock Capital LLC acquired a new position in First Trust US Equity Opportunities ETF during the first quarter worth $255,000. Global Trust Asset Management LLC acquired a new position in First Trust US Equity Opportunities ETF during the first quarter worth $644,000. PFG Advisors boosted its holdings in First Trust US Equity Opportunities ETF by 9.0% during the fourth quarter. PFG Advisors now owns 4,087 shares of the company’s stock worth $292,000 after purchasing an additional 338 shares during the last quarter. Executive Wealth Management LLC acquired a new stake in First Trust US Equity Opportunities ETF in the fourth quarter valued at $227,000. Finally, Cetera Investment Advisers lifted its stake in First Trust US Equity Opportunities ETF by 6.1% in the fourth quarter. Cetera Investment Advisers now owns 63,124 shares of the company’s stock valued at $3,916,000 after acquiring an additional 3,640 shares during the last quarter.
Shares of FPX stock opened at $75.39 on Wednesday. First Trust US Equity Opportunities ETF has a one year low of $57.82 and a one year high of $76.12.
The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 22nd were paid a $0.0496 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend was Thursday, March 21st.
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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.
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