Wedbush Securities Inc. Acquires 8,376 Shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Wedbush Securities Inc. lifted its holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 35.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 32,059 shares of the company’s stock after acquiring an additional 8,376 shares during the quarter. Wedbush Securities Inc. owned 0.19% of First Trust US Equity Opportunities ETF worth $2,576,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Morgan Stanley lifted its holdings in shares of First Trust US Equity Opportunities ETF by 12.8% in the 2nd quarter. Morgan Stanley now owns 1,056,391 shares of the company’s stock worth $82,314,000 after acquiring an additional 119,927 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of First Trust US Equity Opportunities ETF by 0.5% in the 2nd quarter. Bank of America Corp DE now owns 820,359 shares of the company’s stock worth $63,923,000 after acquiring an additional 4,400 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of First Trust US Equity Opportunities ETF by 16.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 242,178 shares of the company’s stock worth $18,363,000 after acquiring an additional 34,863 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of First Trust US Equity Opportunities ETF by 18.9% in the 2nd quarter. Royal Bank of Canada now owns 185,535 shares of the company’s stock worth $14,458,000 after acquiring an additional 29,538 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of First Trust US Equity Opportunities ETF by 1.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 82,840 shares of the company’s stock worth $6,281,000 after acquiring an additional 948 shares during the last quarter.

Shares of FPX traded up $0.33 during mid-day trading on Thursday, reaching $83.39. The company’s stock had a trading volume of 31,894 shares, compared to its average volume of 75,054. First Trust US Equity Opportunities ETF has a 52 week low of $66.56 and a 52 week high of $83.50. The company’s fifty day moving average price is $80.24 and its two-hundred day moving average price is $78.48.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were issued a $0.1667 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.80%. This is a positive change from First Trust US Equity Opportunities ETF’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Friday, December 13th.

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.

Featured Article: Why does a company issue an IPO?

Institutional Ownership by Quarter for First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Receive News & Ratings for First Trust US Equity Opportunities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust US Equity Opportunities ETF and related companies with MarketBeat.com's FREE daily email newsletter.