First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) Stock Price Down 1.4% – What’s Next?

First Trust Nasdaq Lux Digital Health Solutions ETF (NASDAQ:EKG) shares dropped 1.4% during trading on Friday . The company traded as low as $17.80 and last traded at $17.80. Approximately 323 shares changed hands during trading, a decline of 62% from the average daily volume of 857 shares. The stock had previously closed at $18.06.

First Trust Nasdaq Lux Digital Health Solutions ETF Trading Down 1.4%

The stock has a market cap of $2.67 million, a price-to-earnings ratio of 38.88 and a beta of 1.41. The firm’s 50 day moving average is $18.83 and its two-hundred day moving average is $18.40.

Hedge Funds Weigh In On First Trust Nasdaq Lux Digital Health Solutions ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Cetera Investment Advisers acquired a new stake in First Trust Nasdaq Lux Digital Health Solutions ETF during the second quarter worth approximately $516,000. Jane Street Group LLC lifted its stake in shares of First Trust Nasdaq Lux Digital Health Solutions ETF by 8.9% during the 1st quarter. Jane Street Group LLC now owns 28,770 shares of the company’s stock worth $450,000 after purchasing an additional 2,353 shares during the period. Finally, Sound Income Strategies LLC purchased a new position in shares of First Trust Nasdaq Lux Digital Health Solutions ETF during the 4th quarter worth $38,000.

First Trust Nasdaq Lux Digital Health Solutions ETF Company Profile

The First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) is an exchange-traded fund that is based on the NASDAQ Lux Health Tech index. The fund tracks a market cap-weighted index of globally-listed companies engaged in digital health technologies. EKG was launched on Mar 22, 2022 and is managed by First Trust.