First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Shares Down 3.1% – Here’s What Happened

First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG)’s share price was down 3.1% during mid-day trading on Tuesday . The company traded as low as $16.79 and last traded at $15.92. Approximately 118 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 645 shares. The stock had previously closed at $16.43.

First Trust Nasdaq Lux Digital Health Solutions ETF Trading Down 3.1%

The company has a market cap of $2.39 million, a P/E ratio of 38.88 and a beta of 1.42. The stock’s 50 day moving average is $17.04 and its 200-day moving average is $18.23.

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

A number of hedge funds have recently bought and sold shares of the company. Cetera Investment Advisers bought a new position in First Trust Nasdaq Lux Digital Health Solutions ETF in the 2nd quarter worth about $516,000. Jane Street Group LLC lifted its stake in First Trust Nasdaq Lux Digital Health Solutions ETF by 8.9% during the 1st quarter. Jane Street Group LLC now owns 28,770 shares of the company’s stock valued at $450,000 after acquiring an additional 2,353 shares during the period. Finally, Sound Income Strategies LLC bought a new position in First Trust Nasdaq Lux Digital Health Solutions ETF during the 4th quarter valued at about $38,000.

About First Trust Nasdaq Lux Digital Health Solutions ETF

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.