FPX - First Trust US Equity Opportunities ETF
| Assets | $2.09B |
| NAV | $127.85 |
| Expense Ratio | 0.70% |
| PE Ratio | 25.98 |
| Beta (5Y) | 1.14 |
| Dividend (ttm) | $0.28 |
| Dividend Yield | 0.22% |
| Ex-Dividend Date | Mar 25, 2021 |
| 1-Year Return | - |
| Trading Day | April 16 |
| Last Price | $126.73 |
| Previous Close | $127.81 |
| Change ($) | -1.08 |
| Change (%) | -0.85% |
| Day's Open | 128.21 |
| Day's Range | 126.09 - 128.21 |
| Day's Volume | 120,738 |
| 52-Week Range | 67.81 - 136.95 |
Fund Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the IPOX®-100 U.S. Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index seeks to measure the performance of the equity securities of the 100 largest and typically most liquid initial public offerings (IPOs) (including spin-offs and equity carve-outs) of U.S. companies. It is non-diversified.
| Asset Class Equity | Sector Large Cap |
| Region North America | Inception Date Apr 12, 2006 |
| Exchange NYSEARCA | Ticker Symbol FPX |
| Index Tracked IPOX-100 U.S. Index | |
Top 10 Holdings
38.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Snap, Inc. | SNAP | 9.16% |
| Uber Technologies | UBER | 6.07% |
| Marvell Technology Group | MRVL | 4.77% |
| Thermo Fisher Scientific | TMO | 3.46% |
| Dow Inc | DOW | 3.28% |
| Keurig Dr Pepper | KDP | 2.44% |
| Tradeweb Markets | TW | 2.44% |
| Corteva | CTVA | 2.36% |
| Corning | GLW | 2.13% |
| Dell Technologies | DELL | 2.13% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 25, 2021 | $0.088 | Mar 31, 2021 |
| Dec 24, 2020 | $0.0683 | Dec 31, 2020 |
| Sep 24, 2020 | $0.0424 | Sep 30, 2020 |
| Jun 25, 2020 | $0.0803 | Jun 30, 2020 |
| Mar 26, 2020 | $0.1443 | Mar 31, 2020 |
| Dec 13, 2019 | $0.1667 | Dec 31, 2019 |
First Trust U.S. Equity Opportunities ETF grew rich on the IPO stocks rally, surging more than 47% in 2020. The post IPO Stocks Rocked In 2020, And This ETF Tries To Extend Rally appeared first on Inves...
These ETFs provide diversified exposure to hottest IPOs
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The initial public offering (IPO) market is red hot as economies continue the re-opening process following the Covid-19 pandemic.
These ETFs provide diversified exposure to hottest IPOs
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Cloud data warehousing company Snowflake is the talk of the IPO town as of late with the company offering its shares to the public for the first time during Wednesday’s trading session. Even though Covi...
The Covid-19 pandemic threw a wrench into a number of initial public offering (IPO) plans, but a flood of new startups are ready to enter the market. As such, this could continue to make the technology ...
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IPOs staged a great show in 2020, despite the coronavirus pandemic.
As the markets try to shake off the coronavirus-induced uncertainty, initial public offerings are on the rise, and investors can capture the increase in IPOs through a focused exchange traded fund strat...
The U.S. IPO market is red hot with some of the largest and most highly anticipated new listings hitting the market this week.
Last week was the busiest so far this year. For the first time since June 2018, all eight IPOs raised more than originally expected.
Lyft and Uber have seen solid share price movement post Q1 earnings release, benefiting a few ETFs.
It’s not just groceries running out of consumable goods like toilet paper that are feeling the pangs of the coronavirus outbreak, but initial public offerings (IPOs) are also being negatively impacted. ...
Global IPO activity had a pretty decent year in 2019 and is expected to remain busy in 2020.
After a solid year for the markets, there are many companies that plan to conduct initial public offerings (IPOs) in 2020.
For the First Trust US Equity Opportunities ETF (FPX), we found that the implied analyst target price for the ETF based upon its underlying holdings is $88.28 per unit.
For the First Trust US Equity Opportunities ETF (FPX), we found that the implied analyst target price for the ETF based upon its underlying holdings is $88.02 per unit.
For the First Trust US Equity Opportunities ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $87.50 per unit.
For the First Trust US Equity Opportunities ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $87.28 per unit.
The slide in BYND shares was not that bad for the IPO ETFs. This is because the funds have spread out exposure to a number of firms in various sectors.
Here we discuss the impact of PayPal's Q2 earnings results on certain ETFs with high exposure to the global technology platform and digital payments leader.
The successful market debut of Chewy could pave its entry into a number of ETFs in the coming days.
For the First Trust US Equity Opportunities ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $84.04 per unit.
For the First Trust US Equity Opportunities ETF, we found that the implied analyst target price for the ETF based upon its underlying holdings is $83.34 per unit.
The successful market debut of Beyond Meat could pave its entry into a number of ETFs in the coming days. Investors seeking to take advantage of this could play these ETFs in the months ahead.
After a turbulent and volatile 2018, there are many companies that plan to conduct initial public offerings (IPOs) in 2019.
The U.S. IPO market has been sizzling with Zoom and Pinterest set to debut today on the Wall Street with much hype.
Investing in multiple IPOs at the same time can be a difficult task; however, investors can easily tap the IPO resurgence with the two domestic-focused ETFs.
IPO ETFs in Focus Ahead of Uber’s Public Debut
ETFs provide a lower risk and convenient way of getting exposure to this ‘hot” corner of the market.
Probably taking cues from the Lyft IPO debacle, Pinterest has toned down its IPO pricing. This might help the company maintain its IPO price once public, benefitting these ETFs.
If successful, Lyft IPO may push up these ETFs.