Principal Securities Inc. Cuts Stock Position in First Trust International IPO ETF (NASDAQ:FPXI)

Principal Securities Inc. decreased its position in shares of First Trust International IPO ETF (NASDAQ:FPXI) by 56.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,213 shares of the company’s stock after selling 4,092 shares during the period. Principal Securities Inc.’s holdings in First Trust International IPO ETF were worth $152,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. US Bancorp DE lifted its position in shares of First Trust International IPO ETF by 3.1% during the third quarter. US Bancorp DE now owns 11,100 shares of the company’s stock worth $537,000 after purchasing an additional 336 shares in the last quarter. Arkadios Wealth Advisors increased its stake in First Trust International IPO ETF by 4.6% during the 3rd quarter. Arkadios Wealth Advisors now owns 7,978 shares of the company’s stock worth $386,000 after buying an additional 352 shares during the period. Janney Montgomery Scott LLC lifted its holdings in First Trust International IPO ETF by 7.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 17,128 shares of the company’s stock worth $808,000 after buying an additional 1,135 shares in the last quarter. Hibernia Wealth Partners LLC acquired a new position in shares of First Trust International IPO ETF in the third quarter worth $230,000. Finally, Jane Street Group LLC increased its position in shares of First Trust International IPO ETF by 104.3% during the third quarter. Jane Street Group LLC now owns 35,283 shares of the company’s stock worth $1,706,000 after acquiring an additional 18,015 shares during the period.

First Trust International IPO ETF Trading Down 1.0 %

NASDAQ:FPXI opened at $50.81 on Tuesday. First Trust International IPO ETF has a 12-month low of $41.95 and a 12-month high of $53.16. The firm has a market cap of $142.26 million, a PE ratio of 27.85 and a beta of 0.81. The stock has a fifty day moving average price of $49.75 and a 200 day moving average price of $48.96.

First Trust International IPO ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.0945 per share. The ex-dividend date was Friday, December 13th.

About First Trust International IPO 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.