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HomeFinancial ReportsDynamic Advisor Solutions trims stake in First Trust IPO ETF.

Dynamic Advisor Solutions trims stake in First Trust IPO ETF.

Several institutional investors have adjusted their holdings of the First Trust International IPO ETF. CoreCap Advisors LLC bought a new stake worth about $875,000 in Q2. Susquehanna International Group LLP increased its holdings by 16.7%, owning now 100,042 shares valued at $4.7 million after buying an extra 14,330 shares. Bank of Montreal Can also invested $403,000 in Q2, while Koshinski Asset Management and J.W. Cole Advisors invested approximately $245,000 and $218,000, respectively, in Q1.

First Trust International IPO ETF Price Update

The ETF traded at $48.72 on Friday, with a market cap of $146.16 million, a P/E ratio of 27.85, and a beta of 0.81. Its 50-day moving average is $47.44, and the 200-day is $47.02. The ETF’s lowest price in the last year was $36.02, and the highest was $49.29.

Dividend Announcement

The ETF recently declared a quarterly dividend of $0.0444, paid on September 30. This results in an annual dividend of $0.18, giving a yield of 0.36%.

About First Trust International IPO ETF

The First Trust International Equity Opportunities ETF (FPXI) tracks the IPOX International Index, which consists of the 50 largest developed market IPOs outside of the US. 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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