First Trust International Equity Opportunities ETF (NASDAQ:FPXI) Shares Down 1.1% – Here’s What Happened

Shares of First Trust International Equity Opportunities ETF (NASDAQ:FPXIGet Free Report) dropped 1.1% during trading on Thursday . The stock traded as low as $71.15 and last traded at $71.34. 8,824 shares were traded during trading, a decline of 71% from the average session volume of 30,242 shares. The stock had previously closed at $72.11.

First Trust International Equity Opportunities ETF Stock Performance

The stock has a fifty day simple moving average of $75.76 and a 200 day simple moving average of $70.25. The firm has a market cap of $292.49 million, a P/E ratio of 26.06 and a beta of 0.98.

First Trust International Equity Opportunities ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a $0.3415 dividend. This is a boost from First Trust International Equity Opportunities ETF’s previous quarterly dividend of $0.05. This represents a $1.37 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Thursday, June 25th.

Institutional Investors Weigh In On First Trust International Equity Opportunities ETF

A number of large investors have recently added to or reduced their stakes in the stock. Merkkuri Wealth Advisors LLC purchased a new stake in First Trust International Equity Opportunities ETF during the first quarter valued at $46,000. Western Wealth Management LLC bought a new stake in shares of First Trust International Equity Opportunities ETF during the 1st quarter valued at about $48,000. Ballast Advisors LLC purchased a new stake in shares of First Trust International Equity Opportunities ETF during the 1st quarter valued at about $73,000. Advisory Services Network LLC purchased a new stake in shares of First Trust International Equity Opportunities ETF during the 3rd quarter valued at about $103,000. Finally, NewEdge Advisors LLC lifted its stake in shares of First Trust International Equity Opportunities ETF by 3,945.5% in the 1st quarter. NewEdge Advisors LLC now owns 2,670 shares of the company’s stock worth $126,000 after purchasing an additional 2,604 shares during the period.

About First Trust International Equity Opportunities ETF

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The First Trust International Equity Opportunities ETF (FPXI) is an exchange-traded fund that is based on the IPOX International index, a market-cap-weighted index of the 50 largest developed markets ex-US IPOs over the first 1,000 trading days for each stock. FPXI was launched on Nov 5, 2014 and is managed by First Trust.

Further Reading

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