First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Stock Price Down 1.7% – Time to Sell?

First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) shares fell 1.7% during mid-day trading on Friday . The stock traded as low as $22.05 and last traded at $22.05. 7,379 shares were traded during mid-day trading, an increase of 798% from the average daily volume of 822 shares. The stock had previously closed at $22.43.

First Trust Nasdaq Lux Digital Health Solutions ETF Trading Down 1.7%

The stock has a market capitalization of $4.41 million, a P/E ratio of 38.88 and a beta of 1.29. The stock’s 50 day simple moving average is $20.00 and its 200 day simple moving average is $18.00.

Hedge Funds Weigh In On First Trust Nasdaq Lux Digital Health Solutions ETF

An institutional investor recently raised its position in First Trust Nasdaq Lux Digital Health Solutions ETF stock. Jane Street Group LLC boosted its position in First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) by 8.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,770 shares of the company’s stock after buying an additional 2,353 shares during the quarter. Jane Street Group LLC owned approximately 14.39% of First Trust Nasdaq Lux Digital Health Solutions ETF worth $450,000 at the end of the most recent quarter.

First Trust Nasdaq Lux Digital Health Solutions ETF Company Profile

The First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) is an exchange-traded fund that is based on the NASDAQ Lux Health Tech index. The fund tracks a market cap-weighted index of globally-listed companies engaged in digital health technologies. EKG was launched on Mar 22, 2022 and is managed by First Trust.