First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Stock Price Down 2% – Here’s What Happened

First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG)’s share price dropped 2% on Thursday . The company traded as low as $19.70 and last traded at $19.70. Approximately 1,441 shares were traded during trading, an increase of 94% from the average daily volume of 743 shares. The stock had previously closed at $20.11.

First Trust Nasdaq Lux Digital Health Solutions ETF Trading Up 3.3%

The company has a market capitalization of $4.09 million, a PE ratio of 38.88 and a beta of 1.29. The firm has a 50 day simple moving average of $18.77 and a two-hundred day simple moving average of $17.73.

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

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

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.