First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Shares Down 0.3% – Here’s Why

Shares of First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) were down 0.3% on Wednesday . The stock traded as low as $19.66 and last traded at $19.43. Approximately 120 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 784 shares. The stock had previously closed at $19.48.

First Trust Nasdaq Lux Digital Health Solutions ETF Price Performance

The stock’s 50 day moving average price is $17.80 and its 200-day moving average price is $17.72. The stock has a market capitalization of $2.94 million, a PE ratio of 38.88 and a beta of 1.29.

Institutional Trading of First Trust Nasdaq Lux Digital Health Solutions ETF

Hedge funds have recently modified their holdings of the company. Sound Income Strategies LLC bought a new stake in shares of First Trust Nasdaq Lux Digital Health Solutions ETF in the 4th quarter valued at approximately $38,000. Jane Street Group LLC increased its holdings in First Trust Nasdaq Lux Digital Health Solutions ETF by 8.9% during the 1st quarter. Jane Street Group LLC now owns 28,770 shares of the company’s stock worth $450,000 after purchasing an additional 2,353 shares during the period. Finally, Cetera Investment Advisers bought a new stake in shares of First Trust Nasdaq Lux Digital Health Solutions ETF in the second quarter valued at about $516,000.

About First Trust Nasdaq Lux Digital Health Solutions ETF

The First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) is an exchange-traded fund that is based on the NASDAQ Lux Health Tech index. The fund tracks a market cap-weighted index of globally-listed companies engaged in digital health technologies. EKG was launched on Mar 22, 2022 and is managed by First Trust.