MCF Advisors LLC Buys Shares of 11,030 First Trust International Equity Opportunities ETF $FPXI

MCF Advisors LLC bought a new position in shares of First Trust International Equity Opportunities ETF (NASDAQ:FPXI) during the second quarter, HoldingsChannel.com reports. The firm bought 11,030 shares of the company’s stock, valued at approximately $924,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. NI Acquisitions Company LLC acquired a new position in shares of First Trust International Equity Opportunities ETF during the 2nd quarter worth about $36,000. Merkkuri Wealth Advisors LLC bought a new position in First Trust International Equity Opportunities ETF during the 1st quarter worth approximately $46,000. Western Wealth Management LLC bought a new position in First Trust International Equity Opportunities ETF during the 1st quarter worth approximately $48,000. Integrated Wealth Concepts LLC acquired a new position in First Trust International Equity Opportunities ETF during the second quarter valued at approximately $54,000. Finally, Ballast Advisors LLC acquired a new position in First Trust International Equity Opportunities ETF during the first quarter valued at approximately $73,000.

First Trust International Equity Opportunities ETF Stock Down 1.5%

Shares of NASDAQ FPXI opened at $68.97 on Friday. The company’s fifty day moving average is $71.64 and its 200-day moving average is $71.28. The stock has a market cap of $282.78 million, a price-to-earnings ratio of 26.06 and a beta of 0.98. First Trust International Equity Opportunities ETF has a twelve month low of $55.75 and a twelve month high of $86.63.

First Trust International Equity Opportunities ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a dividend of $0.3415 per share. This is a boost from First Trust International Equity Opportunities ETF’s previous quarterly dividend of $0.05. The ex-dividend date was Thursday, June 25th. This represents a $1.37 dividend on an annualized basis and a yield of 2.0%.

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.