First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Stock Price Down 3.6% – Here’s What Happened

Shares of First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) fell 3.6% during trading on Friday . The stock traded as low as $34.70 and last traded at $34.70. 352 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 1,042 shares. The stock had previously closed at $35.99.

First Trust IPOX Europe Equity Opportunities ETF Trading Down 3.6%

The stock has a market cap of $5.21 million, a P/E ratio of 23.46 and a beta of 1.14. The stock has a 50 day simple moving average of $33.93 and a 200 day simple moving average of $32.46.

Institutional Trading of First Trust IPOX Europe Equity Opportunities ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Tucker Asset Management LLC acquired a new stake in First Trust IPOX Europe Equity Opportunities ETF in the fourth quarter valued at $30,000. Cetera Investment Advisers lifted its holdings in First Trust IPOX Europe Equity Opportunities ETF by 7.4% during the 4th quarter. Cetera Investment Advisers now owns 21,564 shares of the company’s stock worth $678,000 after buying an additional 1,488 shares during the period. Jane Street Group LLC lifted its holdings in First Trust IPOX Europe Equity Opportunities ETF by 5.7% during the 1st quarter. Jane Street Group LLC now owns 42,702 shares of the company’s stock worth $1,096,000 after buying an additional 2,286 shares during the period. Triad Wealth Partners LLC acquired a new position in First Trust IPOX Europe Equity Opportunities ETF during the 4th quarter worth about $317,000. Finally, Susquehanna International Group LLP acquired a new position in First Trust IPOX Europe Equity Opportunities ETF during the 3rd quarter worth about $624,000.

First Trust IPOX Europe Equity Opportunities ETF Company Profile

The First Trust IPOX Europe Equity Opportunities ETF (FPXE) is an exchange-traded fund that is based on the IPOX 100 Europe index, a market-cap-weighted index of the 100 largest European IPOs over the first 1,000 trading days for each stock. FPXE was launched on Oct 4, 2018 and is managed by First Trust.