NewEdge Advisors LLC Purchases 8,275 Shares of First Trust International Equity Opportunities ETF $FPXI

NewEdge Advisors LLC raised its position in shares of First Trust International Equity Opportunities ETF (NASDAQ:FPXI) by 20.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 49,604 shares of the company’s stock after buying an additional 8,275 shares during the quarter. NewEdge Advisors LLC owned about 1.91% of First Trust International Equity Opportunities ETF worth $3,063,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Western Wealth Management LLC bought a new position in shares of First Trust International Equity Opportunities ETF in the 1st quarter worth about $48,000. Arkadios Wealth Advisors grew its holdings 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. Kestra Advisory Services LLC grew its holdings 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. Impact Partnership Wealth LLC grew its holdings 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. Finally, Merkkuri Wealth Advisors LLC bought a new position in shares of First Trust International Equity Opportunities ETF during the first quarter valued at approximately $46,000.

First Trust International Equity Opportunities ETF Stock Performance

FPXI stock opened at $74.33 on Friday. The firm has a 50 day moving average price of $75.17 and a 200-day moving average price of $70.58. First Trust International Equity Opportunities ETF has a 52-week low of $55.75 and a 52-week high of $86.63. The firm has a market capitalization of $304.75 million, a price-to-earnings ratio of 26.06 and a beta of 0.98.

First Trust International Equity Opportunities ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given 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 of this dividend was Thursday, June 25th. This represents a $1.37 dividend on an annualized basis and a yield of 1.8%.

First Trust International Equity Opportunities ETF Company Profile

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.