FPX icon

First Trust US Equity Opportunities ETF

135.63 USD
-0.19
0.14%
At close Feb 7, 4:00 PM EST
1 day
-0.14%
5 days
6.76%
1 month
11.22%
3 months
11.44%
6 months
46.90%
Year to date
11.88%
1 year
40.04%
5 years
59.40%
10 years
170.18%
0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 13

7% more funds holding

Funds holding: 149 [Q2] → 159 (+10) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

6.4% less ownership

Funds ownership: 49.76% [Q2] → 43.36% (-6.4%) [Q3]

8% less capital invested

Capital invested by funds: $360M [Q2] → $330M (-$30.4M) [Q3]

62% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 66

Research analyst outlook

We haven’t received any recent analyst ratings for FPX.

Financial journalist opinion

Neutral
Seeking Alpha
3 days ago
FPX: An IPOs ETF Facing A Tough Comparison To Growth-Oriented ETFs
The First Trust US Equity Opportunities ETF focuses on recent IPOs, primarily in technology, with high growth potential but elevated risks and high valuations. FPX's portfolio includes notable IPOs like AppLovin, Palantir, and CrowdStrike, with a significant allocation to mid-cap stocks. Despite decent long-term gains, FPX has underperformed compared to other growth funds and the Russell 3000, with higher volatility.
FPX: An IPOs ETF Facing A Tough Comparison To Growth-Oriented ETFs
Positive
Zacks Investment Research
2 weeks ago
A Bullish 2025 for the IPO Market? ETFs to Consider
Expectations of a favorable business climate and less stringent regulations under the incoming Trump administration have made investors optimistic about the future of the IPO market. Look at ETFs to capitalize on the optimism.
A Bullish 2025 for the IPO Market? ETFs to Consider
Positive
Zacks Investment Research
2 months ago
Is Post-Election Rebound in U.S. IPOs Likely? ETFs in Focus
After two years of subdued IPO activity, the U.S. IPO market may be up for a revival during Trump presidency on the likelihood of an upbeat stock market.
Is Post-Election Rebound in U.S. IPOs Likely? ETFs in Focus
Positive
Seeking Alpha
6 months ago
FPX: Growth ETF Focused On IPOs
First Trust US Equity Opportunities ETF holds 100 stocks in the first 1,000 trading days after their IPOs. FPX is well diversified across sectors, but it is quite concentrated in its top holdings. It is classified in the “Mid-Cap Growth” category. Over the last decade, FPX has outperformed another IPO-focused ETF, but lags traditional mid-cap growth funds.
FPX: Growth ETF Focused On IPOs
Positive
Zacks Investment Research
9 months ago
Rubrik's Successful IPO Puts These ETFs in Focus
Microsoft-backed firm Rubrik continues to leverage the cybersecurity market's growth potential. The firm made a great debut on Wall Street on Apr 25, 2024.
Positive
Zacks Investment Research
9 months ago
Wall Street Investment Banking Gains Momentum: ETFs in Focus
After two years of subdued dealmaking, key Wall Street banks have been witnessing a resurgence in investment banking activity.
Positive
Zacks Investment Research
10 months ago
Reddit's Successful IPO Puts These ETFs in Focus
The popular social media platform Reddit (RDDT) celebrated a triumphant entry to the New York Stock Exchange on Thursday, with its shares skyrocketing 48% on debut.
Positive
Zacks Investment Research
11 months ago
Reddit's IPO Filing Puts These ETFs in Focus
As Reddit prepares for its stock market debut, industry observers eagerly anticipate the platform's future trajectory and its role in the ever-evolving landscape of social media and technology.
Positive
Zacks Investment Research
11 months ago
Time for IPO ETFs?
Renaissance IPO Index closed last week in positive territory Year-to-Date (YTD) for the first time in 2024.
Time for IPO ETFs?
Positive
ETF Trends
1 year ago
How ETF Investors Can Take Advantage of Deal Activity
With lower interest rates now in sight and renewed confidence in the stock market, deal making activity should pick up in 2024 after a slow couple of years. For retail investors, this could lead to new opportunities to invest in emerging industries and the potential to capture early returns.
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