First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) Trading Up 0.4%

Shares of First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) were up 0.4% on Friday . The stock traded as high as $16.35 and last traded at $16.23. Approximately 6,200 shares traded hands during mid-day trading, an increase of 20% from the average daily volume of 5,161 shares. The stock had previously closed at $16.17.

First Trust TCW Emerging Markets Debt ETF Price Performance

The company has a 50-day simple moving average of $15.93 and a two-hundred day simple moving average of $15.53.

Institutional Trading of First Trust TCW Emerging Markets Debt ETF

A hedge fund recently bought a new stake in First Trust TCW Emerging Markets Debt ETF stock. Hedeker Wealth LLC purchased a new position in First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 68,563 shares of the company’s stock, valued at approximately $1,097,000. Hedeker Wealth LLC owned 3.34% of First Trust TCW Emerging Markets Debt ETF as of its most recent SEC filing.

About First Trust TCW Emerging Markets Debt ETF

The First Trust TCW Emerging Markets Debt ETF (EFIX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in debt securities, of various credit quality, issued by emerging market countries. EFIX was launched on Feb 17, 2021 and is managed by First Trust.