First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) Trading Up 0.7%

First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX)’s stock price was up 0.7% during mid-day trading on Tuesday . The stock traded as high as $16.85 and last traded at $16.70. Approximately 1,438 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 6,453 shares. The stock had previously closed at $16.58.

First Trust TCW Emerging Markets Debt ETF Stock Performance

The business’s 50-day simple moving average is $16.40 and its 200 day simple moving average is $16.21.

Hedge Funds Weigh In On First Trust TCW Emerging Markets Debt ETF

A hedge fund recently raised its stake in First Trust TCW Emerging Markets Debt ETF stock. Hedeker Wealth LLC raised its stake in First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) by 10.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 75,705 shares of the company’s stock after buying an additional 7,142 shares during the quarter. Hedeker Wealth LLC owned 3.69% of First Trust TCW Emerging Markets Debt ETF worth $1,235,000 at the end of the most recent reporting period.

About First Trust TCW Emerging Markets Debt ETF

The First Trust TCW Emerging Markets Debt ETF (EFIX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in debt securities, of various credit quality, issued by emerging market countries. EFIX was launched on Feb 17, 2021 and is managed by First Trust.