Envestnet Asset Management Inc. raised its holdings in shares of First Trust US Equity Opportunities ETF (NYSEARCA:FPX) by 60.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,807 shares of the company’s stock after acquiring an additional 7,445 shares during the period. Envestnet Asset Management Inc.’s holdings in First Trust US Equity Opportunities ETF were worth $1,414,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in FPX. Clarus Wealth Advisors acquired a new stake in First Trust US Equity Opportunities ETF during the 2nd quarter valued at approximately $134,000. Lincoln National Corp acquired a new stake in First Trust US Equity Opportunities ETF during the 2nd quarter valued at approximately $205,000. Global Financial Private Capital LLC acquired a new stake in First Trust US Equity Opportunities ETF during the 2nd quarter valued at approximately $231,000. US Bancorp DE lifted its stake in First Trust US Equity Opportunities ETF by 3,960.9% during the 1st quarter. US Bancorp DE now owns 3,533 shares of the company’s stock valued at $242,000 after acquiring an additional 3,446 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its stake in First Trust US Equity Opportunities ETF by 302.5% during the 1st quarter. The Manufacturers Life Insurance Company now owns 4,005 shares of the company’s stock valued at $275,000 after acquiring an additional 3,010 shares during the period.

Shares of NYSEARCA FPX opened at $74.47 on Tuesday. First Trust US Equity Opportunities ETF has a 12 month low of $62.79 and a 12 month high of $75.99.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Monday, September 17th will be paid a dividend of $0.0991 per share. This represents a $0.40 annualized dividend and a yield of 0.53%. The ex-dividend date is Friday, September 14th.

About First Trust US Equity Opportunities ETF

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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