Fiduciary Trust Co Boosts Stock Position in FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX)

Fiduciary Trust Co lifted its holdings in shares of FT Energy Income Partners Strategy ETF (NYSEARCA:EIPX) by 0.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,355,165 shares of the company’s stock after purchasing an additional 21,169 shares during the quarter. FT Energy Income Partners Strategy ETF accounts for about 1.8% of Fiduciary Trust Co’s portfolio, making the stock its 8th biggest position. Fiduciary Trust Co owned about 42.50% of FT Energy Income Partners Strategy ETF worth $129,488,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. CVA Family Office LLC bought a new position in FT Energy Income Partners Strategy ETF during the 3rd quarter worth about $612,000. Cedrus LLC grew its holdings in shares of FT Energy Income Partners Strategy ETF by 24.5% during the third quarter. Cedrus LLC now owns 38,282 shares of the company’s stock worth $926,000 after buying an additional 7,543 shares in the last quarter. Summit Trail Advisors LLC acquired a new stake in FT Energy Income Partners Strategy ETF in the 3rd quarter valued at approximately $1,858,000. Private Advisor Group LLC lifted its stake in FT Energy Income Partners Strategy ETF by 1.5% in the 2nd quarter. Private Advisor Group LLC now owns 326,915 shares of the company’s stock valued at $7,633,000 after acquiring an additional 4,783 shares in the last quarter. Finally, Cerity Partners OCIO LLC acquired a new position in FT Energy Income Partners Strategy ETF during the 2nd quarter worth approximately $56,619,000.

FT Energy Income Partners Strategy ETF Stock Up 0.3 %

Shares of EIPX opened at $26.26 on Thursday. FT Energy Income Partners Strategy ETF has a twelve month low of $20.53 and a twelve month high of $26.62. The stock has a market capitalization of $330.94 million, a P/E ratio of 11.81 and a beta of 0.50. The company has a 50 day moving average of $24.87 and a 200-day moving average of $24.11.

About FT Energy Income Partners Strategy ETF

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.