First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Stock Price Up 0.7% – What’s Next?

First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE)’s share price was up 0.7% during mid-day trading on Thursday . The stock traded as high as $34.25 and last traded at $34.15. 667 shares were traded during mid-day trading, a decline of 25% from the average session volume of 894 shares. The stock had previously closed at $33.91.

First Trust IPOX Europe Equity Opportunities ETF Price Performance

The company has a fifty day simple moving average of $34.37 and a 200-day simple moving average of $33.44. The company has a market cap of $5.15 million, a P/E ratio of 23.46 and a beta of 1.14.

First Trust IPOX Europe Equity Opportunities ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a dividend of $0.3779 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.51 dividend on an annualized basis and a yield of 4.4%.

Hedge Funds Weigh In On First Trust IPOX Europe Equity Opportunities ETF

A number of institutional investors have recently modified their holdings of FPXE. Tucker Asset Management LLC acquired a new position in shares of First Trust IPOX Europe Equity Opportunities ETF during the fourth quarter worth approximately $30,000. Triad Wealth Partners LLC bought a new position in First Trust IPOX Europe Equity Opportunities ETF in the 4th quarter worth approximately $317,000. Cetera Investment Advisers bought a new position in First Trust IPOX Europe Equity Opportunities ETF in the 2nd quarter worth approximately $602,000. Susquehanna International Group LLP bought a new position in First Trust IPOX Europe Equity Opportunities ETF in the 3rd quarter worth approximately $624,000. Finally, 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 in the last quarter.

About First Trust IPOX Europe Equity Opportunities ETF

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.