Wednesday, October 16, 2024
HomeFinancial ReportsDynamic Advisor Solutions reduces stake in First Trust IPO ETF.

Dynamic Advisor Solutions reduces stake in First Trust IPO ETF.

Several institutional investors have changed their holdings in the First Trust International IPO ETF. CoreCap Advisors LLC bought a new stake worth about $875,000 in the second quarter. Susquehanna International Group LLP increased its position by 16.7%, owning 100,042 shares valued at $4.7 million after adding 14,330 shares. Bank of Montreal Can also purchased a new stake worth $403,000 during the same period, while Koshinski Asset Management Inc. and J.W. Cole Advisors Inc. bought new positions worth around $245,000 and $218,000, respectively, in the first quarter.

First Trust International IPO ETF Up 0.5%

NASDAQ FPXI opened at $48.72 recently, with a market cap of $146.16 million, a P/E ratio of 27.85, and a beta of 0.81. It has a 50-day moving average of $47.44 and a 200-day moving average of $47.02. The ETF’s twelve-month low is $36.02 and its high is $49.29.

First Trust International IPO ETF Cuts Dividend

The ETF recently declared a quarterly dividend of $0.0444, paid on September 30th to investors recorded on September 26th. This yields an annualized dividend of $0.18, or 0.36%.

About First Trust International IPO ETF

(Free Report)

The First Trust International Equity Opportunities ETF (FPXI) tracks the IPOX International index, which includes the 50 largest developed market IPOs (excluding the US) within their first 1,000 trading days. Launched on November 5, 2014, it is managed by First Trust.

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Institutional Ownership by Quarter for First Trust International IPO ETF (NASDAQ:FPXI)

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