IPOX 100 U.S. Index (ETF: FPX) on course to close Friday at fresh All-Time High / Max. Upside Capture!
IPOX Schuster LLC, the firm behind the IPOX Indexes Strategies, is pleased to note a fresh all-time high in its IPOX 100 U.S. Index (IPXO).
As of 12:45 pm ET, the IPOX 100 U.S. (IPXO) added +1.48% to +24.19% YTD, a fresh intra-day all-time high.
The USD trillion 1.7 IPOX 100 U.S. (IPXO) captures the performance of 100 of the largest and best U.S. IPOs, Spin-offs and IPO M&A over the past four years by applying the IPOX® Indexes Technology.
Today’s big move into uncharted territory was driven by follow-on buying in high-beta exposure reporting strong earnings, including database maker MongoDB (MDB US: +11.20%), Spin-off IT services provider Perspecta (PRSP US: +8.17%) and online person shopping platform operator Stitch Fix (SFIX US: +5.10%).
The IPOX 100 U.S. (IPXO) serves as underlying for a number of Financial Products, including the First Trust IPOX U.S. Equity Opportunities ETF (ticker: FPX).
Incepted on 04/13/2006, the 5-star (10 year) USD billion 1.2 “FPX” ETF has produced a Total Return of +327.23% vs. 191.67% for the ETF tracking the S&P 500 (SPY) since launch. (Source Bloomberg).
For further information, please contact us using the co-ordinates below.
The IPOX Team
IPOX Schuster LLC
Josef Schuster, PM
225 West Washington, Suite 400
Chicago, IL 60606
(312) 827-3681 (office)
(312) 339-4114 (cell)