Onyx Bridge Wealth Group LLC Decreases Stock Holdings in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Onyx Bridge Wealth Group LLC trimmed its stake in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 23.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,068 shares of the company’s stock after selling 6,152 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in First Trust US Equity Opportunities ETF were worth $1,924,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Atlas Capital Advisors LLC purchased a new stake in First Trust US Equity Opportunities ETF during the second quarter valued at approximately $53,000. JPMorgan Chase & Co. purchased a new stake in First Trust US Equity Opportunities ETF during the fourth quarter valued at approximately $62,000. NBC Securities Inc. purchased a new stake in First Trust US Equity Opportunities ETF during the third quarter valued at approximately $121,000. Tyler Stone Wealth Management purchased a new stake in First Trust US Equity Opportunities ETF during the second quarter valued at approximately $131,000. Finally, Atria Wealth Solutions Inc. purchased a new stake in First Trust US Equity Opportunities ETF during the first quarter valued at approximately $222,000.

First Trust US Equity Opportunities ETF Trading Down 1.4 %

FPX stock traded down $1.39 during midday trading on Friday, reaching $95.70. 25,624 shares of the company’s stock traded hands, compared to its average volume of 23,702. The stock’s 50-day moving average is $102.23 and its 200 day moving average is $93.56. The stock has a market cap of $856.52 million, a P/E ratio of 17.39 and a beta of 1.09. First Trust US Equity Opportunities ETF has a 52-week low of $75.74 and a 52-week high of $107.42.

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.