First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Stock Price Up 4.5% – What’s Next?

Shares of First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) traded up 4.5% on Tuesday . The company traded as high as $31.23 and last traded at $31.23. 1,104 shares changed hands during trading, a decline of 12% from the average session volume of 1,257 shares. The stock had previously closed at $29.89.

First Trust IPOX Europe Equity Opportunities ETF Price Performance

The stock has a market cap of $4.68 million, a price-to-earnings ratio of 23.46 and a beta of 1.17. The company’s fifty day moving average price is $32.09 and its 200-day moving average price is $31.63.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FPXE. Flow Traders U.S. LLC acquired a new position in shares of First Trust IPOX Europe Equity Opportunities ETF in the 2nd quarter valued at $1,487,000. Susquehanna International Group LLP purchased a new position in First Trust IPOX Europe Equity Opportunities ETF in the 3rd quarter worth $624,000. Cetera Investment Advisers acquired a new stake in First Trust IPOX Europe Equity Opportunities ETF during the 2nd quarter worth about $602,000. Coppell Advisory Solutions LLC lifted its position in First Trust IPOX Europe Equity Opportunities ETF by 95.5% during the 2nd quarter. Coppell Advisory Solutions LLC now owns 21,814 shares of the company’s stock worth $678,000 after acquiring an additional 10,657 shares during the period. Finally, Triad Wealth Partners LLC purchased a new stake in First Trust IPOX Europe Equity Opportunities ETF during the 4th quarter valued at about $317,000.

About First Trust IPOX Europe Equity Opportunities ETF

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.