First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) Shares Up 0.5%

First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX)’s stock price rose 0.5% on Friday . The company traded as high as $15.95 and last traded at $15.92. Approximately 2,507 shares were traded during trading, a decline of 62% from the average daily volume of 6,600 shares. The stock had previously closed at $15.83.

First Trust TCW Emerging Markets Debt ETF Stock Performance

The firm’s 50 day moving average is $16.07 and its two-hundred day moving average is $15.71.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in First Trust TCW Emerging Markets Debt ETF stock. Hedeker Wealth LLC bought a new stake in shares of First Trust TCW Emerging Markets Debt ETF (NYSEARCA:EFIX) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 68,563 shares of the company’s stock, valued at approximately $1,097,000. Hedeker Wealth LLC owned 3.34% of First Trust TCW Emerging Markets Debt ETF as of its most recent SEC filing.

About First Trust TCW Emerging Markets Debt ETF

The First Trust TCW Emerging Markets Debt ETF (EFIX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in debt securities, of various credit quality, issued by emerging market countries. EFIX was launched on Feb 17, 2021 and is managed by First Trust.