Janney Montgomery Scott LLC Sells 1,608 Shares of First Trust International IPO ETF (NASDAQ:FPXI)

Janney Montgomery Scott LLC lessened its position in shares of First Trust International IPO ETF (NASDAQ:FPXI) by 9.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,993 shares of the company’s stock after selling 1,608 shares during the period. Janney Montgomery Scott LLC owned approximately 0.54% of First Trust International IPO ETF worth $773,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in FPXI. US Bancorp DE lifted its stake in 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. Hibernia Wealth Partners LLC bought a new position in First Trust International IPO ETF in the 3rd quarter valued at approximately $230,000. Arkadios Wealth Advisors lifted its stake in First Trust International IPO ETF by 4.6% in the 3rd quarter. Arkadios Wealth Advisors now owns 7,978 shares of the company’s stock valued at $386,000 after purchasing an additional 352 shares during the last quarter. Koshinski Asset Management Inc. lifted its stake in First Trust International IPO ETF by 4.0% in the 3rd quarter. Koshinski Asset Management Inc. now owns 7,025 shares of the company’s stock valued at $340,000 after purchasing an additional 269 shares during the last quarter. Finally, CWM LLC lifted its stake in First Trust International IPO ETF by 1,035.3% in the 3rd quarter. CWM LLC now owns 28,554 shares of the company’s stock valued at $1,381,000 after purchasing an additional 26,039 shares during the last quarter.

First Trust International IPO ETF Price Performance

Shares of NASDAQ:FPXI opened at $48.39 on Monday. The company has a market cap of $137.91 million, a price-to-earnings ratio of 27.85 and a beta of 0.81. The firm has a 50 day simple moving average of $48.47 and a 200 day simple moving average of $47.61. First Trust International IPO ETF has a one year low of $39.48 and a one year high of $50.15.

First Trust International IPO ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.0444 dividend. This represents a $0.18 annualized dividend and a yield of 0.37%. The ex-dividend date was Thursday, September 26th.

First Trust International IPO ETF Company 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.