First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Trading at $31.24

First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) rose 0% during trading on Thursday. The company traded as high as $31.29 and last traded at $31.24. Approximately 215 shares changed hands during trading, a decline of 72% from the average daily volume of 762 shares. The stock had previously closed at $31.23.

First Trust IPOX Europe Equity Opportunities ETF Trading Up 0.0%

The firm’s fifty day moving average price is $32.95 and its two-hundred day moving average price is $33.72. The stock has a market capitalization of $4.69 million, a PE ratio of 23.46 and a beta of 1.13.

First Trust IPOX Europe Equity Opportunities ETF Cuts Dividend

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

Institutional Inflows and Outflows

A hedge fund recently raised its position in First Trust IPOX Europe Equity Opportunities ETF stock. Envestnet Asset Management Inc. boosted its position in shares of First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) by 1.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,817 shares of the company’s stock after buying an additional 440 shares during the period. Envestnet Asset Management Inc. owned 17.21% of First Trust IPOX Europe Equity Opportunities ETF worth $900,000 at the end of the most recent quarter.

First Trust IPOX Europe Equity Opportunities ETF Company Profile

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.