First Trust International IPO ETF (NASDAQ:FPXI) Shares Sold by WealthCare Investment Partners LLC

WealthCare Investment Partners LLC lowered its position in First Trust International IPO ETF (NASDAQ:FPXI) by 2.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,410 shares of the company’s stock after selling 635 shares during the quarter. WealthCare Investment Partners LLC owned 0.51% of First Trust International IPO ETF worth $1,004,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Credit Suisse AG acquired a new position in shares of First Trust International IPO ETF during the second quarter worth about $61,000. Ameritas Advisory Services LLC acquired a new stake in First Trust International IPO ETF in the first quarter worth approximately $104,000. Northwestern Mutual Wealth Management Co. lifted its position in First Trust International IPO ETF by 6.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,528 shares of the company’s stock worth $215,000 after purchasing an additional 340 shares during the period. US Bancorp DE lifted its position in shares of First Trust International IPO ETF by 723.7% during the 1st quarter. US Bancorp DE now owns 6,194 shares of the company’s stock valued at $253,000 after acquiring an additional 5,442 shares during the last quarter. Finally, Catalyst Wealth Management LLC acquired a new stake in First Trust International IPO ETF during the 1st quarter valued at $254,000.

First Trust International IPO ETF Stock Performance

Shares of NASDAQ FPXI traded down $0.34 during mid-day trading on Tuesday, reaching $38.97. The company had a trading volume of 10,896 shares, compared to its average volume of 28,622. First Trust International IPO ETF has a twelve month low of $33.73 and a twelve month high of $42.92. The stock has a market capitalization of $179.26 million, a PE ratio of 24.60 and a beta of 0.81. The stock’s 50 day moving average is $40.62 and its 200-day moving average is $39.97.

First Trust International IPO ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Wednesday, June 28th were given a dividend of $0.1353 per share. This represents a $0.54 annualized dividend and a yield of 1.39%. This is an increase from First Trust International IPO ETF’s previous quarterly dividend of $0.01. The ex-dividend date was Tuesday, June 27th.

About First Trust International IPO ETF

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.