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. The Index utilizes a 10% capping on all constituents and includes the 100 largest, typically best-performing and most liquid initial public offerings (IPOs) of the United States companies in the IPOX Global Composite Index. The IPOX Global Composite Index is reconstituted regularly with IPOs being added to the IPOX Global Composite Index at their seventh trading day upon going public and automatically exiting after 1,000 trading days or approximately four years thereafter. Its investment advisor is First Trust Advisors L.P.
Basic Details
Issuer First Trust
Fund NameFirst Trust US Equity Opportunities ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:FPX
Inception Date4/12/2006
Fund ManagerDaniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin, Stan Ueland, Chris A. Peterson
Phone+1-800-6211675
Fund Focus
Asset ClassEquity
BenchmarkIPOX-100 U.S. Index
CategoryStrategy
FocusAlpha-Seeking
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$1.30 billion
Average Daily Volume$49,869.20
Discount/Premium1,940.45%
ETF Expenses
Management Fee0.40%
Other Expenses0.19%
Total Expenses0.59%
Fee Waiver0.00%
Net Expenses0.59%
Administrator, Advisor and Custodian
AdministratorThe Bank of New York Mellon Corporation
AdvisorFirst Trust Advisors L.P.
CustodianThe Bank of New York Mellon Corporation
DistributorFirst Trust Portfolios L.P.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerRBC Capital Markets
First Trust US Equity Opportunities ETF (NYSEARCA:FPX) Frequently Asked Questions
What is First Trust US Equity Opportunities ETF's stock symbol?
First Trust US Equity Opportunities ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "FPX."
How often does First Trust US Equity Opportunities ETF pay dividends? What is the dividend yield for First Trust US Equity Opportunities ETF?
First Trust US Equity Opportunities ETF announced a -- dividend on Wednesday, September 25th. Investors of record on Thursday, September 26th will be given a dividend of $0.2006 per share on Monday, September 30th. This represents a yield of 0.6%. The ex-dividend date is Wednesday, September 25th. View First Trust US Equity Opportunities ETF's Dividend History.
Has First Trust US Equity Opportunities ETF been receiving favorable news coverage?
News articles about FPX stock have trended somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. First Trust US Equity Opportunities ETF earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for First Trust US Equity Opportunities ETF.
What other stocks do shareholders of First Trust US Equity Opportunities ETF own?
Who are First Trust US Equity Opportunities ETF's key executives?
First Trust US Equity Opportunities ETF's management team includes the folowing people:
- James A. Bowen, Chairman of the Board of Trustees, President, Chief Executive Officer
- Mark R. Bradley, Chief Financial Officer, Chief Accounting Officer, Treasurer, Controller
- W. Scott Jardine Esq., Chief Compliance Officer, Secretary
- Kelley A. Christensen, Vice President
- Daniel J. Lindquist, Vice President
- Roger F. Testin, Vice President
- Stan Ueland, Vice President
- James M. Dykas, Assistant Treasurer
- Kristi A. Maher, Assistant Secretary
- Richard E. Erickson M.D., Trustee
Who are First Trust US Equity Opportunities ETF's major shareholders?
First Trust US Equity Opportunities ETF's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Commonwealth Equity Services LLC (1.48%), Janney Montgomery Scott LLC (0.51%), Envestnet Asset Management Inc. (0.43%), Sigma Planning Corp (0.41%), Cetera Investment Advisers (0.40%) and D.A. Davidson & CO. (0.35%).
Which major investors are selling First Trust US Equity Opportunities ETF stock?
FPX stock was sold by a variety of institutional investors in the last quarter, including Cetera Investment Advisers, Envestnet Asset Management Inc., BB&T Securities LLC, IHT Wealth Management LLC, Dfpg Investments Inc., D.A. Davidson & CO., Appleton Partners Inc. MA and Raymond James Trust N.A..
Which major investors are buying First Trust US Equity Opportunities ETF stock?
FPX stock was bought by a variety of institutional investors in the last quarter, including Commonwealth Equity Services LLC, Tower Research Capital LLC TRC, Stephens Inc. AR, Eldridge Investment Advisors Inc., First Heartland Consultants Inc., Cetera Advisors LLC, Cornerstone Wealth Management LLC and Capital Asset Advisory Services LLC.
How do I buy shares of First Trust US Equity Opportunities ETF?
Shares of FPX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is First Trust US Equity Opportunities ETF's stock price today?
One share of FPX stock can currently be purchased for approximately $78.53.
How big of a company is First Trust US Equity Opportunities ETF?
What is First Trust US Equity Opportunities ETF's official website?
How can I contact First Trust US Equity Opportunities ETF?
First Trust US Equity Opportunities ETF's mailing address is 120 East Liberty Drive Suite 400, Wheaton, IL 60187, United States. The company can be reached via phone at +1-800-6211675.
MarketBeat Community Rating for First Trust US Equity Opportunities ETF (NYSEARCA FPX)
MarketBeat's community ratings are surveys of what our community members think about First Trust US Equity Opportunities ETF and other stocks. Vote "Outperform" if you believe FPX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FPX will underperform the S&P 500 over the long term. You may vote once every thirty days.
