Ladenburg Thalmann Financial Services Inc. Raises Stake in First Trust US Equity Opportunities ETF (NYSEARCA:FPX)

Ladenburg Thalmann Financial Services Inc. lifted its position in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 7.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 76,771 shares of the company’s stock after buying an additional 5,520 shares during the quarter. Ladenburg Thalmann Financial Services Inc. owned approximately 0.47% of First Trust US Equity Opportunities ETF worth $5,989,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Morgan Stanley grew its position in shares of First Trust US Equity Opportunities ETF by 12.8% during the second 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. Spectrum Wealth Advisory Group LLC acquired a new stake in shares of First Trust US Equity Opportunities ETF in the first quarter worth $4,203,000. Golden State Wealth Management LLC acquired a new stake in shares of First Trust US Equity Opportunities ETF in the first quarter worth $3,341,000. Jane Street Group LLC grew its stake in shares of First Trust US Equity Opportunities ETF by 161.4% in the second quarter. Jane Street Group LLC now owns 57,700 shares of the company’s stock worth $4,496,000 after acquiring an additional 35,624 shares during the last quarter. Finally, Stephens Inc. AR acquired a new stake in shares of First Trust US Equity Opportunities ETF in the second quarter worth $2,643,000.

Shares of First Trust US Equity Opportunities ETF stock traded up $0.44 during midday trading on Monday, hitting $75.69. The company had a trading volume of 13,120 shares, compared to its average volume of 79,264. The business’s 50 day simple moving average is $78.10 and its two-hundred day simple moving average is $77.02. First Trust US Equity Opportunities ETF has a 1-year low of $57.82 and a 1-year high of $81.51.

The business also recently disclosed a — dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, September 26th will be paid a $0.2006 dividend. The ex-dividend date of this dividend is Wednesday, September 25th. This represents a dividend yield of 0.6%.

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

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