Northwestern Mutual Wealth Management Co. trimmed its stake in shares of First Trust International IPO ETF (NASDAQ:FPXI – Free Report) by 6.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,706 shares of the company’s stock after selling 274 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.12% of First Trust International IPO ETF worth $174,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in FPXI. Susquehanna International Group LLP grew its position in shares of First Trust International IPO ETF by 16.7% in the 2nd quarter. Susquehanna International Group LLP now owns 100,042 shares of the company’s stock worth $4,708,000 after acquiring an additional 14,330 shares in the last quarter. Bank of Montreal Can bought a new position in shares of First Trust International IPO ETF during the second quarter valued at approximately $403,000. CoreCap Advisors LLC acquired a new stake in First Trust International IPO ETF in the second quarter worth $875,000. Advisor OS LLC boosted its holdings in shares of First Trust International IPO ETF by 21.5% during the second quarter. Advisor OS LLC now owns 5,648 shares of the company’s stock valued at $266,000 after acquiring an additional 1,000 shares during the period. Finally, Commonwealth Equity Services LLC grew its position in shares of First Trust International IPO ETF by 3.8% during the second quarter. Commonwealth Equity Services LLC now owns 30,082 shares of the company’s stock worth $1,416,000 after acquiring an additional 1,113 shares during the last quarter.
First Trust International IPO ETF Stock Up 0.3 %
FPXI stock opened at $48.46 on Friday. The stock has a market cap of $145.38 million, a PE ratio of 27.85 and a beta of 0.81. The firm’s 50-day simple moving average is $47.36 and its 200 day simple moving average is $47.00. First Trust International IPO ETF has a fifty-two week low of $36.02 and a fifty-two week high of $49.29.
First Trust International IPO ETF Cuts Dividend
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.
Featured Articles
- Five stocks we like better than First Trust International IPO ETF
- 3 Small Caps With Big Return Potential
- MercadoLibre Targets Double-Digit Upside with Argentina Boom
- How to Invest in Insurance Companies: A Guide
- Domino’s Pizza Stock Delivers: A Hot Buy for Growth Investors
- Are Penny Stocks a Good Fit for Your Portfolio?
- 3 Small-Cap Stocks Ready to Deliver Significant Growth
Want to see what other hedge funds are holding FPXI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust International IPO ETF (NASDAQ:FPXI – Free Report).
Receive News & Ratings for First Trust International IPO ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust International IPO ETF and related companies with MarketBeat.com's FREE daily email newsletter.