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$1.45 billion
Average Daily Volume$51,364.40
Discount/Premium0.01%
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 declared a quarterly dividend on Friday, December 13th. Investors of record on Monday, December 16th will be paid a dividend of $0.1667 per share on Tuesday, December 31st. This represents a $0.67 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date of this dividend is Friday, December 13th. This is a boost from First Trust US Equity Opportunities ETF's previous quarterly dividend of $0.05. View First Trust US Equity Opportunities ETF's Dividend History.
Has First Trust US Equity Opportunities ETF been receiving favorable news coverage?
Media headlines about FPX stock have trended somewhat positive on Monday, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First Trust US Equity Opportunities ETF earned a media sentiment score of 1.6 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. 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 many different of retail and institutional investors. Top institutional investors include Bank of America Corp DE (5.01%), UBS Group AG (3.63%), Raymond James & Associates (1.61%), Raymond James Financial Services Advisors Inc. (1.40%), M&T Bank Corp (1.20%) and Cambridge Investment Research Advisors Inc. (0.90%).
Which institutional 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 IFP Advisors Inc, Bank of America Corp DE, First Allied Advisory Services Inc., Tower Research Capital LLC TRC , Gladstone Institutional Advisory LLC, NEXT Financial Group Inc, Stratos Wealth Partners LTD. and First Republic Investment Management Inc..
Which institutional 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 M&T Bank Corp, UBS Group AG, Dynamic Advisor Solutions LLC, Raymond James & Associates, Northwestern Mutual Wealth Management Co., Provident Wealth Management LLC, Advisor Group Inc. and Sigma Planning Corp.
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 $86.75.
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.
