Private Advisor Group LLC Lowers Stock Position in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX)

Private Advisor Group LLC lowered its position in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) by 2.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 332,607 shares of the company’s stock after selling 8,989 shares during the period. Private Advisor Group LLC owned about 2.64% of FT Energy Income Partners Strategy ETF worth $8,152,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Summit Trail Advisors LLC purchased a new stake in FT Energy Income Partners Strategy ETF during the third quarter worth about $1,858,000. Fiduciary Trust Co increased its holdings in FT Energy Income Partners Strategy ETF by 0.4% during the third quarter. Fiduciary Trust Co now owns 5,355,165 shares of the company’s stock worth $129,488,000 after buying an additional 21,169 shares during the last quarter. Stifel Financial Corp increased its holdings in FT Energy Income Partners Strategy ETF by 3.5% during the third quarter. Stifel Financial Corp now owns 184,242 shares of the company’s stock worth $4,455,000 after buying an additional 6,312 shares during the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in FT Energy Income Partners Strategy ETF during the third quarter worth about $116,000.

FT Energy Income Partners Strategy ETF Stock Performance

NYSEARCA EIPX opened at $25.83 on Friday. FT Energy Income Partners Strategy ETF has a 52-week low of $21.47 and a 52-week high of $26.71. The company has a 50-day simple moving average of $25.39 and a 200 day simple moving average of $24.94. The company has a market capitalization of $325.46 million, a PE ratio of 11.81 and a beta of 0.50.

FT Energy Income Partners Strategy ETF Company Profile

The FT Energy Income Partners Strategy ETF (EIPX) is an exchange-traded fund that mostly invests in energy equity. The fund seeks risk-adjusted total return through an actively managed portfolio of global stocks in the energy sector, as broadly defined by the funds sub-adviser. EIPX was launched on Nov 2, 2022 and is managed by First Trust.