First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Stock Price Up 0.7% – Here’s What Happened

First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) was up 0.7% on Thursday . The stock traded as high as $34.25 and last traded at $34.15. 667 shares traded hands during trading, a decline of 25% from the average daily volume of 894 shares. The stock had previously closed at $33.91.

First Trust IPOX Europe Equity Opportunities ETF Stock Performance

The stock has a market cap of $5.12 million, a P/E ratio of 23.46 and a beta of 1.14. The company has a 50-day simple moving average of $34.41 and a 200-day simple moving average of $33.43.

First Trust IPOX Europe Equity Opportunities ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.3779 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 4.4%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC boosted its position in First Trust IPOX Europe Equity Opportunities ETF by 5.7% in the 1st quarter. Jane Street Group LLC now owns 42,702 shares of the company’s stock valued at $1,096,000 after buying an additional 2,286 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of First Trust IPOX Europe Equity Opportunities ETF by 7.4% during the 4th quarter. Cetera Investment Advisers now owns 21,564 shares of the company’s stock worth $678,000 after buying an additional 1,488 shares during the last quarter. Susquehanna International Group LLP bought a new position in shares of First Trust IPOX Europe Equity Opportunities ETF in the 3rd quarter valued at about $624,000. Triad Wealth Partners LLC acquired a new stake in shares of First Trust IPOX Europe Equity Opportunities ETF in the fourth quarter valued at about $317,000. Finally, Tucker Asset Management LLC acquired a new stake in shares of First Trust IPOX Europe Equity Opportunities ETF in the fourth quarter valued at about $30,000.

About First Trust IPOX Europe Equity Opportunities ETF

The First Trust IPOX Europe Equity Opportunities ETF (FPXE) is an exchange-traded fund that is based on the IPOX 100 Europe index, a market-cap-weighted index of the 100 largest European IPOs over the first 1,000 trading days for each stock. FPXE was launched on Oct 4, 2018 and is managed by First Trust.