First Trust International IPO ETF (NASDAQ:FPXI) Stake Lowered by Truist Financial Corp

Truist Financial Corp reduced its stake in shares of First Trust International IPO ETF (NASDAQ:FPXI) by 20.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,605 shares of the company’s stock after selling 1,989 shares during the period. Truist Financial Corp owned 0.27% of First Trust International IPO ETF worth $359,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. US Bancorp DE lifted its stake in shares of First Trust International IPO ETF by 3.1% in the 3rd quarter. US Bancorp DE now owns 11,100 shares of the company’s stock valued at $537,000 after purchasing an additional 336 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of First Trust International IPO ETF by 7.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 17,128 shares of the company’s stock valued at $808,000 after purchasing an additional 1,135 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of First Trust International IPO ETF by 104.3% in the 3rd quarter. Jane Street Group LLC now owns 35,283 shares of the company’s stock valued at $1,706,000 after purchasing an additional 18,015 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in shares of First Trust International IPO ETF by 196.7% in the 4th quarter. Arkadios Wealth Advisors now owns 23,674 shares of the company’s stock valued at $1,116,000 after purchasing an additional 15,696 shares during the last quarter. Finally, Benjamin Edwards Inc. acquired a new stake in shares of First Trust International IPO ETF in the 3rd quarter valued at $1,915,000.

First Trust International IPO ETF Trading Down 0.4 %

FPXI stock opened at $49.08 on Wednesday. The firm has a market cap of $137.41 million, a PE ratio of 25.97 and a beta of 0.81. First Trust International IPO ETF has a 1 year low of $41.95 and a 1 year high of $53.16. The company has a fifty day simple moving average of $49.94 and a 200 day simple moving average of $49.09.

First Trust International IPO ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.0945 per share. The ex-dividend date was Friday, December 13th.

First Trust International IPO ETF Profile

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.