First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) Stock Price Up 0.8% – Should You Buy?

First Trust IPOX Europe Equity Opportunities ETF (NASDAQ:FPXE) shares traded up 0.8% during trading on Monday . The stock traded as high as $31.80 and last traded at $31.78. 2,086 shares were traded during mid-day trading, an increase of 56% from the average session volume of 1,335 shares. The stock had previously closed at $31.53.

First Trust IPOX Europe Equity Opportunities ETF Stock Performance

The business has a 50 day moving average of $32.44 and a two-hundred day moving average of $31.78. The firm has a market capitalization of $4.77 million, a price-to-earnings ratio of 23.46 and a beta of 1.17.

First Trust IPOX Europe Equity Opportunities ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a dividend of $0.10 per share. The ex-dividend date was Friday, December 12th. This represents a $0.40 annualized dividend and a dividend yield of 1.3%.

Hedge Funds Weigh In On First Trust IPOX Europe Equity Opportunities ETF

A number of large investors have recently modified their holdings of FPXE. Flow Traders U.S. LLC acquired a new stake in First Trust IPOX Europe Equity Opportunities ETF in the 2nd quarter valued at $1,487,000. Envestnet Asset Management Inc. acquired a new position in First Trust IPOX Europe Equity Opportunities ETF during the second quarter worth $741,000. Cetera Investment Advisers lifted its stake in shares of First Trust IPOX Europe Equity Opportunities ETF by 7.4% in the fourth quarter. Cetera Investment Advisers now owns 21,564 shares of the company’s stock valued at $678,000 after buying an additional 1,488 shares in the last quarter. Susquehanna International Group LLP bought a new position in shares of First Trust IPOX Europe Equity Opportunities ETF in the third quarter valued at $624,000. Finally, Jane Street Group LLC grew its holdings in shares of First Trust IPOX Europe Equity Opportunities ETF by 5.7% during the first quarter. Jane Street Group LLC now owns 42,702 shares of the company’s stock valued at $1,096,000 after buying an additional 2,286 shares during the last quarter.

First Trust IPOX Europe Equity Opportunities ETF Company Profile

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.