First Trust International Equity Opportunities ETF (NASDAQ:FPXI – Get Free Report) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1,752 shares, a decrease of 92.3% from the September 30th total of 22,640 shares. Based on an average daily volume of 110,503 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the company’s shares are sold short.
Hedge Funds Weigh In On First Trust International Equity Opportunities ETF
A number of large investors have recently bought and sold shares of FPXI. Concurrent Investment Advisors LLC purchased a new position in First Trust International Equity Opportunities ETF during the 2nd quarter valued at $34,256,000. NewEdge Advisors LLC increased its stake in First Trust International Equity Opportunities ETF by 69.3% in the second quarter. NewEdge Advisors LLC now owns 83,990 shares of the company’s stock worth $7,033,000 after purchasing an additional 34,386 shares during the period. Kestra Advisory Services LLC increased its stake in First Trust International Equity Opportunities ETF by 2.7% in the first quarter. Kestra Advisory Services LLC now owns 50,470 shares of the company’s stock worth $3,116,000 after purchasing an additional 1,310 shares during the period. Arkadios Wealth Advisors increased its stake in First Trust International Equity Opportunities ETF by 8.0% in the first quarter. Arkadios Wealth Advisors now owns 29,409 shares of the company’s stock worth $1,816,000 after purchasing an additional 2,181 shares during the period. Finally, Impact Partnership Wealth LLC increased its stake in First Trust International Equity Opportunities ETF by 5.2% in the first quarter. Impact Partnership Wealth LLC now owns 15,915 shares of the company’s stock worth $983,000 after purchasing an additional 780 shares during the period.
First Trust International Equity Opportunities ETF Trading Up 0.0%
Shares of FPXI stock traded up $0.02 during trading hours on Monday, reaching $62.65. 84,915 shares of the stock were exchanged, compared to its average volume of 32,668. The firm has a market capitalization of $206.75 million, a price-to-earnings ratio of 26.06 and a beta of 0.97. First Trust International Equity Opportunities ETF has a 12-month low of $55.75 and a 12-month high of $86.63. The company’s 50-day moving average price is $68.37 and its 200-day moving average price is $69.51.
First Trust International Equity Opportunities ETF Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a dividend of $0.2281 per share. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.91 dividend on an annualized basis and a dividend yield of 1.5%. This is a decrease from First Trust International Equity Opportunities ETF’s previous quarterly dividend of $0.3415.
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.
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