Janney Montgomery Scott LLC Boosts Stake in First Trust International IPO ETF (NASDAQ:FPXI)

Janney Montgomery Scott LLC grew its position in First Trust International IPO ETF (NASDAQ:FPXI) by 7.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,128 shares of the company’s stock after acquiring an additional 1,135 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.61% of First Trust International IPO ETF worth $808,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Hibernia Wealth Partners LLC bought a new position in First Trust International IPO ETF during the third quarter valued at about $230,000. Koshinski Asset Management Inc. lifted its stake in First Trust International IPO ETF by 4.0% in the third quarter. Koshinski Asset Management Inc. now owns 7,025 shares of the company’s stock valued at $340,000 after acquiring an additional 269 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in shares of First Trust International IPO ETF by 4.6% during the 3rd quarter. Arkadios Wealth Advisors now owns 7,978 shares of the company’s stock valued at $386,000 after acquiring an additional 352 shares during the last quarter. Bank of Montreal Can bought a new stake in shares of First Trust International IPO ETF during the 2nd quarter worth $403,000. Finally, US Bancorp DE raised its holdings 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 worth $537,000 after acquiring an additional 336 shares during the period.

First Trust International IPO ETF Trading Up 0.0 %

FPXI opened at $52.25 on Friday. The business has a 50 day moving average of $49.18 and a 200-day moving average of $48.34. The stock has a market capitalization of $146.30 million, a price-to-earnings ratio of 27.85 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 $52.31.

First Trust International IPO ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.0945 dividend. The ex-dividend date was Friday, December 13th.

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.