Bank of Montreal Can Buys Shares of 8,400 First Trust International IPO ETF (NASDAQ:FPXI)

Bank of Montreal Can bought a new position in shares of First Trust International IPO ETF (NASDAQ:FPXI) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,400 shares of the company’s stock, valued at approximately $403,000. Bank of Montreal Can owned 0.27% of First Trust International IPO ETF as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Creekmur Asset Management LLC purchased a new stake in shares of First Trust International IPO ETF during the fourth quarter worth about $39,000. Able Wealth Management LLC acquired a new position in First Trust International IPO ETF during the 4th quarter valued at approximately $59,000. J.W. Cole Advisors Inc. purchased a new position in shares of First Trust International IPO ETF in the first quarter worth $218,000. Koshinski Asset Management Inc. acquired a new stake in shares of First Trust International IPO ETF during the first quarter worth $245,000. Finally, Accel Wealth Management lifted its holdings in shares of First Trust International IPO ETF by 21.4% during the second quarter. Accel Wealth Management now owns 5,488 shares of the company’s stock worth $258,000 after purchasing an additional 968 shares during the period.

First Trust International IPO ETF Price Performance

NASDAQ FPXI opened at $48.46 on Friday. The company has a fifty day moving average of $47.36 and a 200 day moving average of $47.00. The company has a market capitalization of $145.38 million, a PE ratio of 27.85 and a beta of 0.81. First Trust International IPO ETF has a 1 year low of $36.02 and a 1 year high of $49.29.

First Trust International IPO ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.0444 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.37%.

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.