First Trust US Equity Opportunities ETF (FPX)
First Trust US Equity Opportunities ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $179.63, down 0.08% on the session, giving a market capitalisation of $1.69B. Its beta of 1.53 implies it has historically moved more than the broad market.
The First Trust US Equity Opportunities ETF (previously known as the First Trust US IPO Index Fund) aims to deliver investment outcomes mirroring the price movements and income generation of the IPOX-100 U.S. Index, prior to the deduction of its own operational costs. Typically, the Fund allocates at least 90% of its net assets (which may include amounts obtained via borrowing) to the common shares that constitute this specific index.
First Trust US Equity Opportunities ETF is most often compared with the following Financial Services names: