International Assets Investment Management LLC Takes $4.42 Million Position in First Trust International IPO ETF (NASDAQ:FPXI)

International Assets Investment Management LLC acquired a new stake in shares of First Trust International IPO ETF (NASDAQ:FPXI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 104,611 shares of the company’s stock, valued at approximately $4,420,000. International Assets Investment Management LLC owned about 2.62% of First Trust International IPO ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FPXI. Provence Wealth Management Group bought a new position in First Trust International IPO ETF during the third quarter valued at approximately $70,000. Envestnet Portfolio Solutions Inc. bought a new position in shares of First Trust International IPO ETF in the 3rd quarter valued at approximately $209,000. Clarus Wealth Advisors acquired a new stake in First Trust International IPO ETF in the 4th quarter worth approximately $378,000. Consolidated Portfolio Review Corp boosted its position in First Trust International IPO ETF by 17.8% during the third quarter. Consolidated Portfolio Review Corp now owns 9,986 shares of the company’s stock worth $384,000 after purchasing an additional 1,512 shares during the period. Finally, NBC Securities Inc. acquired a new position in First Trust International IPO ETF during the third quarter valued at approximately $547,000.

First Trust International IPO ETF Stock Performance

Shares of First Trust International IPO ETF stock opened at $46.39 on Thursday. The firm has a fifty day simple moving average of $45.92 and a 200-day simple moving average of $42.98. The stock has a market capitalization of $157.73 million, a price-to-earnings ratio of 27.85 and a beta of 0.81. First Trust International IPO ETF has a 1-year low of $36.02 and a 1-year high of $47.43.

First Trust International IPO ETF Company Profile

The First Trust International Equity Opportunities ETF (FPXI) is an exchange-traded fund that is based on the IPOX International index, a market-cap-weighted index of the 50 largest developed markets ex-US IPOs over the first 1,000 trading days for each stock. FPXI was launched on Nov 5, 2014 and is managed by First Trust.