Flow Traders U.S. LLC Acquires New Stake in FPA Global Equity ETF $FPAG

Flow Traders U.S. LLC acquired a new position in shares of FPA Global Equity ETF (BATS:FPAG) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 15,388 shares of the company’s stock, valued at approximately $523,000. Flow Traders U.S. LLC owned approximately 0.25% of FPA Global Equity ETF at the end of the most recent quarter.

FPA Global Equity ETF Trading Up 4.3%

BATS:FPAG opened at $37.38 on Thursday. The company’s 50-day moving average is $36.21 and its two-hundred day moving average is $35.09. The firm has a market cap of $232.88 million, a price-to-earnings ratio of 20.38 and a beta of 1.02. FPA Global Equity ETF has a 12-month low of $26.20 and a 12-month high of $35.49.

FPA Global Equity ETF Profile

The FPA Global Equity ETF (FPAG) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects global large- and mid-cap stocks offered at a substantial discount relative to their intrinsic value and have a favorable outlook for growth. FPAG was launched on Dec 17, 2021 and is managed by FPA.