First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) Trading Down 0.5% – Here’s What Happened

First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) traded down 0.5% on Tuesday . The stock traded as low as $16.17 and last traded at $16.19. 3,984 shares changed hands during trading, a decline of 46% from the average session volume of 7,408 shares. The stock had previously closed at $16.27.

First Trust TCW Emerging Markets Debt ETF Stock Performance

The stock’s 50 day moving average is $16.44 and its 200-day moving average is $16.27.

Institutional Trading of First Trust TCW Emerging Markets Debt ETF

A hedge fund recently bought a new stake in First Trust TCW Emerging Markets Debt ETF stock. Jane Street Group LLC acquired a new position in First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 34,336 shares of the company’s stock, valued at approximately $569,000. Jane Street Group LLC owned 1.40% of First Trust TCW Emerging Markets Debt ETF 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.