First Trust International Equity Opportunities ETF (NASDAQ:FPXI) Stock Price Up 2.9% – What’s Next?

Shares of First Trust International Equity Opportunities ETF (NASDAQ:FPXI) were up 2.9% on Monday . The stock traded as high as $86.63 and last traded at $86.45. Approximately 903,202 shares traded hands during mid-day trading, an increase of 3,644% from the average daily volume of 24,121 shares. The stock had previously closed at $84.03.

First Trust International Equity Opportunities ETF Stock Up 0.1%

The stock has a market cap of $212.42 million, a PE ratio of 26.06 and a beta of 0.98. The firm has a 50 day moving average price of $74.60 and a 200 day moving average price of $67.22.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Merkkuri Wealth Advisors LLC bought a new position in shares of First Trust International Equity Opportunities ETF during the 1st quarter worth approximately $46,000. Western Wealth Management LLC acquired a new stake in First Trust International Equity Opportunities ETF in the first quarter valued at approximately $48,000. Ballast Advisors LLC purchased a new position in First Trust International Equity Opportunities ETF in the first quarter worth $73,000. Advisory Services Network LLC purchased a new position in First Trust International Equity Opportunities ETF in the third quarter worth $103,000. Finally, NewEdge Advisors LLC increased its position in shares of First Trust International Equity Opportunities ETF by 3,945.5% during the first quarter. NewEdge Advisors LLC now owns 2,670 shares of the company’s stock worth $126,000 after purchasing an additional 2,604 shares in the last quarter.

About First Trust International Equity Opportunities ETF

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.