IFP Advisors Inc Sells 1,331 Shares of First Trust International IPO ETF (NASDAQ:FPXI)

IFP Advisors Inc lowered its position in First Trust International IPO ETF (NASDAQ:FPXI) by 51.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,252 shares of the company’s stock after selling 1,331 shares during the period. IFP Advisors Inc’s holdings in First Trust International IPO ETF were worth $59,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. US Bancorp DE raised its holdings 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 worth $537,000 after acquiring an additional 336 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of First Trust International IPO ETF by 7.1% in the fourth 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 in the last quarter. Jane Street Group LLC lifted its holdings in shares of First Trust International IPO ETF by 104.3% in the third 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 in the last quarter. Arkadios Wealth Advisors boosted its position in shares of First Trust International IPO ETF by 196.7% during the fourth quarter. Arkadios Wealth Advisors now owns 23,674 shares of the company’s stock valued at $1,116,000 after buying an additional 15,696 shares during the last quarter. Finally, Benjamin Edwards Inc. bought a new stake in First Trust International IPO ETF during the third quarter worth $1,915,000.

First Trust International IPO ETF Trading Down 3.1 %

Shares of NASDAQ:FPXI opened at $48.57 on Friday. The stock has a market cap of $136.00 million, a PE ratio of 25.97 and a beta of 0.81. The stock’s fifty day simple moving average is $50.03 and its two-hundred day simple moving average is $49.10. First Trust International IPO ETF has a 1-year low of $41.95 and a 1-year high of $53.16.

First Trust International IPO ETF Cuts Dividend

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