First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Stock Price Down 1.1% – Here’s What Happened

First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) shares dropped 1.1% during trading on Friday . The stock traded as low as $33.33 and last traded at $33.33. 1,542 shares traded hands during trading, an increase of 80% from the average session volume of 855 shares. The stock had previously closed at $33.69.

First Trust IPOX Europe Equity Opportunities ETF Price Performance

The stock has a 50-day moving average price of $33.85 and a two-hundred day moving average price of $33.59. The stock has a market cap of $5.00 million, a PE ratio of 23.46 and a beta of 1.14.

First Trust IPOX Europe Equity Opportunities ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a dividend of $0.3779 per share. This represents a $1.51 annualized dividend and a yield of 4.5%. The ex-dividend date was Thursday, June 25th.

Institutional Trading of First Trust IPOX Europe Equity Opportunities ETF

Large investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers increased its position in First Trust IPOX Europe Equity Opportunities ETF by 7.4% in the fourth quarter. Cetera Investment Advisers now owns 21,564 shares of the company’s stock worth $678,000 after purchasing an additional 1,488 shares during the last quarter. Susquehanna International Group LLP bought a new position in First Trust IPOX Europe Equity Opportunities ETF during the third quarter valued at $624,000. Jane Street Group LLC grew its stake in shares of 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 worth $1,096,000 after buying an additional 2,286 shares in the last quarter. Finally, Tucker Asset Management LLC purchased a new position in shares of First Trust IPOX Europe Equity Opportunities ETF in the 2nd quarter worth $51,000.

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.