NewEdge Wealth LLC Has $703,000 Stock Holdings in First Trust International IPO ETF (NASDAQ:FPXI)

NewEdge Wealth LLC cut its position in shares of First Trust International IPO ETF (NASDAQ:FPXI) by 5.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,647 shares of the company’s stock after selling 923 shares during the quarter. NewEdge Wealth LLC’s holdings in First Trust International IPO ETF were worth $703,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. PCA Investment Advisory Services Inc. acquired a new stake in First Trust International IPO ETF during the second quarter worth about $59,000. JPMorgan Chase & Co. lifted its stake in First Trust International IPO ETF by 859.5% during the second quarter. JPMorgan Chase & Co. now owns 1,564 shares of the company’s stock worth $61,000 after purchasing an additional 1,401 shares during the period. Credit Suisse AG bought a new position in First Trust International IPO ETF during the second quarter worth about $61,000. Provence Wealth Management Group bought a new position in First Trust International IPO ETF during the third quarter worth about $70,000. Finally, Comerica Bank bought a new position in First Trust International IPO ETF during the third quarter worth about $129,000.

First Trust International IPO ETF Stock Down 0.9 %

Shares of FPXI opened at $44.71 on Wednesday. The stock has a market cap of $152.01 million, a price-to-earnings ratio of 24.60 and a beta of 0.81. First Trust International IPO ETF has a 12 month low of $36.02 and a 12 month high of $47.43. The company has a 50-day moving average price of $45.66 and a two-hundred day moving average price of $42.20.

About First Trust International IPO ETF

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.