First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Stock Falls 2.8% – Time to Sell?

First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE – Get Free Report) shares fell 2.8% on Thursday. The stock traded as low as $30.92 and last traded at $30.91. Approximately 672 shares changed hands during trading, a decline of 7% from the average daily volume of 726 shares. The stock had previously closed at $31.79.

First Trust IPOX Europe Equity Opportunities ETF Stock Down 2.8%

The business has a 50 day moving average of $32.13 and a 200 day moving average of $33.14. The company has a market capitalization of $4.64 million, a P/E ratio of 23.46 and a beta of 1.14.

First Trust IPOX Europe Equity Opportunities ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a dividend of $0.0935 per share. This is a decrease from First Trust IPOX Europe Equity Opportunities ETF’s previous quarterly dividend of $0.3779. This represents a $0.37 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, September 24th.

Institutional Trading of First Trust IPOX Europe Equity Opportunities ETF

An institutional investor recently bought a new position in First Trust IPOX Europe Equity Opportunities ETF stock. Tucker Asset Management LLC bought a new position in shares of First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 1,470 shares of the company’s stock, valued at approximately $51,000. Tucker Asset Management LLC owned approximately 0.98% of First Trust IPOX Europe Equity Opportunities ETF at the end of the most recent reporting period.

First Trust IPOX Europe Equity Opportunities ETF Company Profile

(Get Free Report)

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.

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