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Sun Sep 15 10:40:58 UTC 2024: ## Wedbush Securities Reduces Stake in First Trust US Equity Opportunities ETF
**New York, NY – September 15, 2024** – Wedbush Securities Inc. has reduced its stake in First Trust US Equity Opportunities ETF (FPX) by 9.8% in the second quarter, according to the firm’s recent 13F filing with the Securities and Exchange Commission. The fund now owns 2,652 shares of FPX, valued at $263,000, after selling 288 shares during the period.
This move comes amid mixed investor sentiment towards the ETF. While Wedbush Securities decreased its holdings, other hedge funds such as Mather Group LLC, International Assets Investment Management LLC, Able Wealth Management LLC, Principal Securities Inc., and Commerce Bank have purchased new positions in FPX during recent quarters.
First Trust US Equity Opportunities ETF (FPX) opened at $105.32 on Friday, with a 52-week low of $75.74 and a 52-week high of $107.42. The stock has a market capitalization of $768.83 million, a PE ratio of 20.57, and a beta of 1.56.
FPX seeks to track the performance of the IPOX-100 U.S. Index, a modified value-weighted price index that measures the performance of the top 100 United States companies ranked quarterly by market capitalization within the IPOX Global Composite Index.
Investors interested in further details about FPX can visit HoldingsChannel.com to access the latest 13F filings and insider trades.